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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (47139)12/13/2005 6:54:26 AM
From: GST  Read Replies (1) of 110194
 
<your mistake is equating an energy shortage with inflation>

Rising energy prices are inflationary. It is called commodity inflation. Rising housing prices are inflationary -- it is called asset inflation. Rising prices for goods and services are inflationary -- it is called consumer inflation. Etc. Your mistake is to ignore aspects of inflation that do not support your deflation hypothesis.
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