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

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To: queenleah who wrote (23822)8/17/2006 9:36:26 PM
From: fahrenheit451  Read Replies (1) of 42834
 
Since there seems to be a problem defining inflation, what do you Brinker supporters think of this definition?

Inflation:

The loss of purchasing power due to a general rise in the prices of goods and services.

How do you feel this definition squares with Brinker's claim that high energy prices are not inflationary?
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