Will rising gas prices completely kill the already weak economy?

Discussion in 'Economics' started by latinotrader, Feb 9, 2011.

  1. olias

    olias

    who's claiming 'no inflation'? cite your source
     
    #11     Feb 10, 2011
  2. Of course she didn't have the $65k
    She pretends to pay the installments
     
    #12     Feb 10, 2011
  3. I also remember that when gas hit $4.25/gal in Houston. I was seeing trucks for sale in craigslist for like dirt cheap

    I am sure you could get those close to free since noone would buy them

    There was a 1 year waiting list in Toyota Pirius as well
     
    #13     Feb 10, 2011
  4. Bob111

    Bob111

    yea yeah..2 years old hammers for 10k..i heard the story..it's was all over the news..NOT TRUE. at least not in PA. not even on auto auctions..there is some drop in price of SUV's,but not like 30-50% away from "regular" prices. i was looking to buy an H3 for 10K-12K-no luck
     
    #14     Feb 11, 2011
  5. I believe "free" public transportation will ease demand for crude oil and boost the economy.
     
    #15     Feb 11, 2011
  6. bonds

    bonds

    Who said the economy is weak? Just look at the stock market!!
     
    #16     Feb 11, 2011
  7. kashirin

    kashirin

    Google 'Bernanke' and you will have hundreds of sources that say no inflation
     
    #17     Feb 11, 2011
  8. The Bernank wants to define inflation as a "wage and price spiral"... we don't have that right now... and have a HUGE buffer due to our high unemployment before that would occur.... therefore, "no inflation"...

    Food could double in cost... gasoline could double.. yet by The Bernank's measure, we'd still have "no inflation"...

    More smoke and mirrors.. "technical definitions/lies" to argue against reality..

    :mad:
     
    #18     Feb 11, 2011