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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (14416)6/13/2000 6:10:00 PM
From: MrGreenJeans  Read Replies (1) of 15132
 
Stagflation (NOT!)

Oil and gasoline are the wild card. Higher oil and gasoline prices seem like a recipe for stagflation if they stick.

1. Would anyone like to tell me what percentage of the CPI or PPI is measured by oil and gasoline prices?

2. Would anyone like to give me a definition of stagflation?

3. Would anyone like to tell me when the last time we had stagflation was and what the numbers on unemployment and inflation were at that time?

I find this notion of stagflation interesting. We are far from stagflation and with Greenspan we have no chance of getting stagflation.
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