for Paul Krugman's article published in: Der Spiegel, Feb 22, 2008, click on
http://www.spiegel.de/international/0,1518,537078,00.html
Wrong
"For another, there's no sign of the wage-price spiral that once drove inflation into double digits - in fact, wage growth has been declining even as inflation rises."
Who is this idiot? The real inflation is in double digits if you bring into view the fuel food and other real living standards.
No matter the spin the banking systems attempt to paint. the looting of the American treasury has been nearly completed as labor, real estate and all the other dollar pegged goods and services stagnate in the disintegration of the dollar's buying power while the majority of now depended upon imported goods rise in price.
The wealth of accumulated American savings has been stolen as has our labor force to off shore corporations.
