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(The Year 2012 In Review)
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|User Info||On Hyperinflation; entered at 2009-01-12 14:27:40|
Registered: 2008-04-03 State of Decay
A slight disagreement. The car companies aren't (yet) discounting their products because they're getting bailouts. They're taking our tax dollars AND keeping prices the same, instead of having to lower them to get sales.|
While this will eventually change, it isn't right now, and nor is any other industry that is backed by government.
Anecdotal-a friend of mine was looking for a new truck, an F-150 or equivalent, last week. He visited 6 dealers and walked out of them all, saying he'd keep his for another year or until they dropped their prices some more.