To: Republican Red
Oddly enough, high oil prices are actually counter-inflationary (contrary to popular wisdom). When fuel prices are high, overall demand for just about every product and service diminishes.
14 posted on
04/18/2006 2:46:10 PM PDT by
Alberta's Child
(Can money pay for all the days I lived awake but half asleep?)
To: Alberta's Child
Oddly enough, high oil prices are actually counter-inflationary (contrary to popular wisdom). A certain mortgage guy has been saying, for a year, that high oil prices are holding down interest rates. Kind of counterintuitive but many things are.
30 posted on
04/18/2006 2:52:07 PM PDT by
NeoCaveman
(the freeper formerly known as dubyaismypresident, Blackwell for govenor Ohio '06)
To: Alberta's Child
When fuel prices are high, overall demand for just about every product and service diminishes.When overall demand for just about every product and service diminishes, isn't that called a recession?
89 posted on
04/18/2006 3:26:29 PM PDT by
kanawa
To: Alberta's Child
Oddly enough, high oil prices are actually counter-inflationary (contrary to popular wisdom). When fuel prices are high, overall demand for just about every product and service diminishes. Inflation isn't caused by demand.
102 posted on
04/18/2006 4:00:12 PM PDT by
Moonman62
(Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
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