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Re: ajtj99 post# 79682

Monday, 06/05/2006 10:44:51 AM

Monday, June 05, 2006 10:44:51 AM

Post# of 148479
AJ, read my response to Sylvestor. Rising energy prices (aka sending more of your money to OPEC) and falling wages (behind the rate of inflation) just isn't inflationary. Inflation is caused by an increase in the money supply. Think rising wages and lower energy prices. More money chasing around fewer goods. You seem to think it works the other way, that if folks have less money and inventories on store shelves are rising, then that's inflationary. I disagree with that.

I guess you're just on another page on inflation.


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