[Your Nightmare]

as to producer versus consumer... i would suppose producer prices are prices paid by producer and that consumer prices are prices paid by consumer... or is it wierd?

Nope, it's that simple. The reason I ask is that you are going to be given a quote by one economist (as if one economist makes it so) that says there would be a 22% drop in producer prices with a NRST. The FairTax supporters have led people to believe this equates to a 22% drop in consumer prices.

I think it's bunk and certainly not enough to bet the future of our economy on. A slight change in the input numbers of an economic model and the results would be completely different (chaos and the butterfly effect). But you can form your own opinion.

[Chilldoubt]

..." as to producer versus consumer... i would suppose producer prices are prices paid by producer and that consumer prices are prices paid by consumer... or is it wierd?"
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Nope, it's that simple. The reason I ask is that you are going to be given a quote by one economist (as if one economist makes it so) that says there would be a 22% drop in producer prices with a NRST. The FairTax supporters have led people to believe this equates to a 22% drop in consumer prices.
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please explain the differences between producer prices and consumer prices with respect to the 22%....