|
Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
|
Pricing is down? Hahaha! I certainly don't see it. Its such a small amount and for such a short time (one month?) it's not even perceptible.
Besides, if prices do drop, it's just an excuse for energy companies to say "hey, people have more unspent money - time to raise prices and go git it!". As they say, gas expands to fill a vacuum.
This is a non-issue and just a result of so many people being out of work and the REAL economy still being stretched so thin. I still think the bigger specter looming out there is the one of hyperinflation. I really do. I know everyone wants the economy turned around but be careful what you wish for. If/when things really do earnestly start turning around (not just as a result of temporary stop-gap measures, but REALLY turning around), you're going to see inflation explode. EXPLODE. As in, will make the 1970s look tame. Double digits per year. Yes I really do think it's possible - even likely.
But we have to overcome the deflationary forces that are shrinking everything right now. That's going to take a while.
__________________
A car, a 911, a motorbike and a few surfboards
Black Cars Matter
|