The sinking value of the US Dollar - Page 4

by **Marshall** on Fri Jun 06, 2008 5:31 pm

The WSJ reported this week that fears of inflation were finally pushing the Bush administration and the Fed to stop the slide of the dollar (which actually stabilized and gained 1 or 2% against the Euro over the past two months). Rising commodity and fuel prices may be a bigger factor in any U.S. price increases over the next year (although, they, too have largely resulted from the falling dollar).

by **BobS** on Fri Jun 06, 2008 5:32 pm

cannonfodder wrote:I told him the prices will only be going up for the foreseeable future, if you want it, best get it now or next month it may be another couple hundred.

While the price of energy and materials will go up, there are some that expect the Euro to drop
back to a 1-to-1 with the dollar in two to four years. But if that happens the variety of available
machines may decrease significantly.

Bob

by **Spresso_Bean** on Fri Jun 06, 2008 5:58 pm

HB wrote:Heads up... A little birdie told me that Rancilio has just announced another price increase that is going to take effect July 1st.

Wow, lots of Rancilio price increases the last year or two. It'll be interesting to see what the new Silvia and Rocky prices will be and how they affect the demand.


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