The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wyätt Gwyön who wrote (54592)	3/8/2006 8:35:35 AM
From: GraceZ	Read Replies (1) of 110194

that is a very tortured logic. oil cost $11 a barrel a few years ago and is now $60. more people may be using it than before--people who couldn't afford cars now have them in China. but that is because they got richer; NOT because oil is cheaper. That is why I included the phrase, "another way of saying this is that the world is getting richer"....so that readers would understand what is meant by "in a real sense". People getting richer means that commodities are costing less of their incomes, the cost as a percentage of what they they can produce. This has been true for the last 2000 years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next