<<Your reporting skills are rusty... or you are spinning like a top to change what Brinker has said about inflation. Where did you get this extra spin "not have a significant effect?" He was quite clear saying "higher priced oil DOES NOT CAUSE INFLATION." He's wrong. Your spinning for him is all the proof we need....>>
--We must be listening to different versions of the brinker show.
Do you need this direct quote from Brinker explained to you? Honey posted a full transcript on her beehive... ask her for a post number so you can read her original.
BOB BRINKER: "I think a lot of it's misplaced, I've said it many times on this program and I continue to believe that I'm right.
Caller: "I agree with you, bob."
BOB BRINKER: "Well, I'm glad you do, but guess what, guess what, I'm glad you do, but guess who does NOT agree with me--BEN BERNANKE, BEN BERNANKE, HE DOESN'T AGREE WITH ME, he's still talking about oil prices causing inflation. I don't know what planet he's hanging out on, but oil prices, the higher they go, the more counter-inflationary they are, if you think if oil went to $200 a barrel tomorrow and that would be inflationary, you're completely wrong. People would be completely out of money, they wouldn't be able to buy anything at all. So it's ridiculous! This notion that rising energy costs is inflationary is COMPLETE AND UTTER NONSENSE!
I would think that is rather easy to understand dija... You you and Brinker are both wrong only you are spinning while Brinker has stuck to his original claim.
BTW, I would not be out of money if oil went to $500/bbl... I don't drive that much and paying 10x would not be fun... but I'd not run out of money. I would drive even less... Last I looked I am a person so Brinker is wrong yet again... since it only take one person not out of money to disprove his comment. -g- |
