To: blam
When home prices and salaries start going up, you can worry about hyperinflation. Until then, these are just temporary commodity price spikes caused by bad government policy - and the deflationary depression remains firmly in place.
10 posted on
10/30/2010 6:39:25 PM PDT by
Mr. Jeeves
( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
To: Mr. Jeeves
Until then, these are just temporary commodity price spikes caused by bad government policy - and the deflationary depression remains firmly in place. ...and crop failures that have occurred around the world - wheat in Russia and soybeans in Argentina.
You're right on the money.
11 posted on
10/30/2010 6:42:22 PM PDT by
politicket
(1 1/2 million attended Obama's coronation - only 14 missed work!)
To: Mr. Jeeves
Precisely, Mr. Jeeves. Price distortions are not inflation, let alone hyperinflation.
31 posted on
10/30/2010 8:26:52 PM PDT by
SaxxonWoods
(Gone Galt and loving it)
To: Mr. Jeeves; politicket; SaxxonWoods; RegulatorCountry
36 posted on
10/30/2010 9:19:40 PM PDT by
blam
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