oldtime
Registered: Jun 2011
Posts: 7362 |
07-30-12 01:18 AM
Quote from MasterGambler:
I am more referring to monetary inflation/deflation... Not commodity. They are interlinked, but not as correlated as most people seem to think.
you sure about that? The price of oil has nothing to do with it?
If they close the straits, I doubt you will be very
concerned about defalation.
And for that matter, if it doesn't ever rain again, we will all have to rethink CPI ex food and energy
of all the things to worry about, deflation is way down on my list
I can think of a lot better things to worry about, but not at the moment
GDP is growing
Money is not tight
Rates are low
and no inflation in sight
some people just aren't happy unless they have something to worry about
and it is hard to sell a newsletter when all you have to say is "Everything is OK"
|