Originally Posted by
oilman_15106
No April Fools joke here. Just read it in the daily rag. "Steel prices up 40% on weak dollar, weak demand"
Get ready, the great inflation is starting.
This is an interesting point in economics, as a currency weakens, you can sell more goods, but the raw materials cost you more. As for your bike, there really isn't that much steel there, a 23lb bicycle is less then 20lbs of steel, and steel is priced by the ton.