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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (34080)10/17/1998 6:49:00 AM
From: valueminded  Read Replies (1) of 132070
 
Mike:

What is it that makes you see oil at $18/barrel ? If demand doesn't do it, is it the supply thate will be curtailed ?

I thought stagflation was measured at the consumer level, if mfg have no pricing flex and their cost to produce goes up but cost to customer is constrained, it would seem that we would just get a recession without the accompanying inflation

thanks
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