What You Want to Price In, uhmuhnum, Is That Quickly Rising
energy costs are a potential Triggering Event, that unleashes Deflationary Pressures. You'll want to consider that.
Besides, you don't really want to make such small points as I am not assuming anything. I am flat out saying that a rise in oil prices is inflationary...., backed up by a Webster's definition, do you? <<ggg>> I mean, this is the "The Epic American Credit and Bond Bubble Laboratory" board. You want to swing for the fences here.
Seriously, I encourage you to muse on the idea of a Whoosh! of inflationary pressure (which we are surely now experiencing) as the trigger which enacts some very nasty deflationary pressures.
What everyone seems to agree on is that Americans in the future will no longer be allowed to buy, as they have in the past. Now, you can either crush the people's purchasing power under an inflationary paradigm, or, you can crush the people's purchasing power under a deflationary, bone-crunching Anvil of widespread, rolling Debt default.
No matter how you slice it, in both scenarios, activities like Reading are set to replace activities like Shopping. Big time.
Regards,
LP |
