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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%3:59 PM EST

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To: GST who wrote (159790)1/8/2004 9:59:56 PM
From: Oeconomicus  Read Replies (1) of 164684
 
The dollar has been in serious decline for the past year. There will be a lag...

Actually, the dollar has been in serious decline for the past two years. How long before it all comes crashing down around us?

You can already see it in things like the price of oil which is around $32 per barrel rather than $25 per barrel.

Gee, most economists tend to focus on inflation measures "ex-oil". Got something that we buy from Europe, Japan or China?

You will see it in far greater degree when major trading partners in other parts of the world pass on these costs, including Canada, Japan, China, etc.

Yeah, any day now, right? Come on, GST - there are NO serious signs of a resurgence of inflation. If the best you can do is point to oil prices, then you have no case for your dire inflation warnings. Nine out of ten doctors of economics agree.

PS: You are being particularly childish of late. "Bobonomic-fairyland"? LOL. Grow up and stop evading the facts.
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