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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (8460)2/22/2004 11:58:15 PM
From: mishedlo  Read Replies (1) of 110194
 
If you were really reading the posts on inflation here, you wouldn't be asking that question. That's what I would characterize as the diminishment school of debate, i.e: just ignore the important points of your opponent's case. Even so, "commodities" should not be so summarily dismissed, but there are other important ingrediants to this inflation. I (and others) have been illustrating numerous examples of intermediate goods and even service inflation.

I have read every post on this board since its inception. In the best of my knowlege I have not seen a post that said what % of finished goods were commodities. I believe labor is the most important cost. Perhaps I am wrong. At any rate show me a link that shows for cars or some other big ticket item, what % is labor and what % is steel, copper and other commodities that go into it. If you can not do it, then I would characterize your posts as "the diminishment school of debate". If you can show me a post here that shows labor cost of cars vs commodity input prices then accept my apology.

Here is one such article that addresses the issue but I do not see the final result I am looking for. But take a gander at the labor costs!

gerpisa.univ-evry.fr

I doubt the price of copper even shows up.
Steel would but how much?

Mish
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