Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (22167)	6/27/2006 4:51:50 PM
From: David Bogdanoff	of 42834

BB's comparison of higher oil prices as simply a tax on consumers is wrong. Higher energy prices also affect manufacturing and the transportation sector in an inflationary way, which a tax does not. I will share with the readers that I recently received a letter from my former employer, a major multinational chemical company, expressing concern over natural gas supplies. Now a shortage of gas will cause the prices to go up, i.e. inflation will occur. But BB doesn't even mention this source of inflation. Hard to understand. Bogtalk

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