To: Errant
Can’t see “hyper” inflation coming until there is “hyper” recovery in job market. With fewer jobs, consumer demand will stay sluggish. The horse is jobs, the cart is inflation. Can’t put cart before the horse.
4 posted on
10/24/2012 9:25:07 PM PDT by
entropy12
(Romney/Ryan 2012... Send Obama back to Chicago/Hawaii/Kenya/Indonesia wherever)
To: entropy12
I've heard that argument. I'm not sure it applies in this case where massive government debt is increasing daily in support a huge and growing dependency class as the economy worsens. The Fed is already making up well over half of the deficit shortfall. This will only grow as they have become the lender of last resort.
It seems we're trapped with no easy way out...
6 posted on
10/24/2012 9:49:08 PM PDT by
Errant
To: entropy12
If the dollar starts weakening and China resumes its torrid growth, we can experience inflation because most commodities are traded on world markets which with a weakened dollar can accelerate prices.
13 posted on
10/25/2012 2:21:16 AM PDT by
monocle
To: entropy12
As the dollar weakens, our products get sold and shipped overseas. We have to compete with foreign money. That is where the inflation will come from, regardless of the employment situation. Agricultural commodities most affected. $10.00 loaves of bread coming....
16 posted on
10/25/2012 3:57:37 AM PDT by
central_va
( I won't be reconstructed and I do not give a damn.)
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