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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (115384)4/7/2008 5:07:52 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>Mish will now call Energy deflationary because it cost AA profits. g<<<

OK

I really don't understand the analysts and their view of inflation. They say things like....'high crude prices are inflationsry.' Makes no sense to me.

I always harken back to Milton Friedman....."inflation is too much money chasing too few goods."

Ben Bernanke is inflationary. All of the sheiks in Islam closing the oil taps are not.

If gasoline goes up, guess what??? The price of a Big Mac and Starbucks latte goes down.

Memo to self: You have been out of your Starbucks short for a while. Maybe time to look at reentering. Probably sell 4X the number of naked CMG calls to boot. Throw in a few MHK why not.
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