SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BigBull who wrote (71424)2/24/2001 11:36:42 AM
From: Joan Osland Graffius  Read Replies (2) of 436258
 
BigBull,

In order to evaluate stagflation, inflation, and deflation one has to look at the cost of producing products and services. At the current time our utilities, communication providers and food producers have pricing power. At least where I live they do. Another issue is that no one is going to sell products for less than cost for very long. My scenario is stagflation for a while. As long as people have capital that they are willing to spend on goods that are outside their basic needs we will continue to have stagflation. There is going to be one heck of a shock with food prices this year because of the large increase in the cost to produce basic farm commodities. If you think ADM is going to sell products for less than their costs you are living on another planet. Once people start shutting down spending, we will just have the unavailability of goods, because of producers not able to charge for the costs of producing those goods. If you call this deflation, ok.

Joan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext