Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Is this the start of Bernanke's Dreaded Deflation?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-06-06 01:54 PM
Original message
Is this the start of Bernanke's Dreaded Deflation?
will we soon see helicopters dropping dollars on thee streets? Or negative interest rates on savings accounts? Ben promised us these things, didn't he?

http://www.marketwatch.com/news/newsfinder/pulseone.asp?siteid=mktw&guid=%7B673D2C8C-73E0-4D27-BA33-9C7B62D66997%7D&

GM to unveil price cuts next week -- Detroit News, Bloomberg (GM) By Carolyn Pritchard
SAN FRANCISCO (MarketWatch) -- General Motors Corp. (GM ) will announce lower prices at the Detroit Auto Show next week, two publications reported Friday. The automaker on Tuesday will unveil cuts on cars and trucks representing about 90% of its U.S. volume, Bloomberg News reported, citing an unnamed person familiar with the plan, including Buick, Chevy, Pontiac and GMC brand cars and trucks and two Cadillac models. "We're going to be much more direct this year," Mark LaNeve, vice president of GM's North American vehicle sales, service and marketing division, was quoted by The Detroit News as telling reporters Thursday at the Greater Los Angeles Auto Show. "We'll say, 'Best product, here's why. Best price on an MSRP basis.' We think our product story has gotten lost in all the reporting of our financial results," LaNeve reportedly said.
Printer Friendly | Permalink |  | Top
applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-06-06 03:17 PM
Response to Original message
1. No silly. There will be more wars before that happens.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 04:00 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC