To: RomanSoldier19
If the gas prices rise suddenly, people would be forced to cancel trips. They'll have less money for discretionary activities such as going to the movies. Then it will cause a recession. And that will crush inflation.
But if the gas prices are gradual like it is right now, we will continue to see inflation.
If we want to go into a recession, we'll need to see $6.00 per gallon.
To: MinorityRepublican
yes everyone is worried about going to the movies
7 posted on
09/17/2023 11:31:27 PM PDT by
RomanSoldier19
(Res ad Triarios venit;“We are your ghosts, in this game played by monkeys, organized by lunatics” )
To: MinorityRepublican
Recessions don’t cure inflation. It just becomes stagflation.
To: MinorityRepublican
every unit of economic output is powered and facilitated by a unit of energy
Less energy usage, less GDP
27 posted on
09/18/2023 2:56:33 AM PDT by
griswold3
(Truth, Beauty and Goodness )
To: MinorityRepublican
“Inflation is always and everywhere a monetary phenomenon” - Dr. Milton Friedman
35 posted on
09/18/2023 4:08:32 AM PDT by
frogjerk
(More people have died trusting the government than not trusting the government.)
To: MinorityRepublican
You have it bacwards. Recession is the result of fighting inflation by cutting the growth of M2. A recession does not cause a reduction in inflation. We have had recessionary times with high inflation. It’s called staglation.
37 posted on
09/18/2023 4:16:13 AM PDT by
frogjerk
(More people have died trusting the government than not trusting the government.)
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