imteresting take on inflation and deflation

[glovesetc]

http://money.cnn.com/2009/01/13/mark...ex.htm?cnn=yes

[Thunder]

Originally Posted by glovesetc

http://money.cnn.com/2009/01/13/mark...ex.htm?cnn=yes

Eh that's rehashed junk if you ask me. The reason why inflation isn't killing us right now as the author said, is because of lower oil prices and the fact that the other world economies have also dropped their rates. What annoys the crap out of me is the fact that all of those companies who claimed they were raising prices because of the "high oil prices," have still not lowered their prices. Just take a look in the grocery store. Have you noticed food prices going down? I haven't. In fact the other day I went to Chipotle and noticed that they had RAISED their prices. I wanted to give them a lesson in ecomics but didn't. But don't worry, sooner or later, we're going to have to pay back all that debt and when the economy starts getting better, you'll start seeing inflation come roaring back.

[glovesetc]

Originally Posted by Thunder

Eh that's rehashed junk if you ask me. The reason why inflation isn't killing us right now as the author said, is because of lower oil prices and the fact that the other world economies have also dropped their rates. What annoys the crap out of me is the fact that all of those companies who claimed they were raising prices because of the "high oil prices," have still not lowered their prices. Just take a look in the grocery store. Have you noticed food prices going down? I haven't. In fact the other day I went to Chipotle and noticed that they had RAISED their prices. I wanted to give them a lesson in ecomics but didn't. But don't worry, sooner or later, we're going to have to pay back all that debt and when the economy starts getting better, you'll start seeing inflation come roaring back.

you hit it right on the nose buddy - it will hit with a vengeance big time .