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rwest rwest is online now
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Join Date: Jun 2009
Location: St Paul MN
Posts: 5,502
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My simple thought based on zero economic training is that when the prices are high, the majority of the population is "giving" most of their extra money to one very small business segment, but when the prices are low, more money gets spread around as people will spent the extra money that was being spent on gas on retail or service businesses across a wide spectrum.

I have to believe that low prices are going to be good for the economy, well not so much for the petroleum sector, but I'm thinking they had plenty already.

Rutager
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1977 911S Targa Chocolate Brown
Old 12-14-2014, 01:04 PM
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