Credit Deflation Showing Up In Import Prices

Comes a government report:

All imports excluding petroleum, Mar.2014 to Mar. 2015  
-2.7%

Costs will fall faster than prices.  For those whose business is locked into nominal pay rates, minimum wage, long term lease or mortgage, will find it very difficult to remain competitive.  Self-employment,  co-op business structure (your customers are the owners), vendor financing, these are some of the ways to trim the sails in these latitudes.

(How did "workers own the means of production" work out for communism?)

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