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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (253576)10/3/2005 8:48:22 AM
From: bentway  Respond to of 1578718
 
"OK, good point, but shouldn't that show up in the inflation figures?"

It should, and if it doesn't, you can be sure the figures have been manipulated.

See:
blog.mises.org



To: Tenchusatsu who wrote (253576)10/3/2005 10:13:25 AM
From: TigerPaw  Respond to of 1578718
 
shouldn't that show up in the inflation figures?


Only if the major purchasers of debt adjust.
Of course they will eventually, but for reasons of their own they have not done so yet. You can see the inflation in the falling value of the dollar. When measured in gold, or copper, or plastic feedstocks there is considerable inflation, but that cost has not yet been added to the retail cost of asian made products when measured in dollars. Instead it comes out of the wholesale margins as Best Buy and Walmart squeeze their suppliers and China plays along.

TP