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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: queenleah who wrote (23830)	8/17/2006 11:36:16 PM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

The only thing I feel quite certain about is that there are many more than one thing that "cause" inflation. Note that the definition in question reads "due to a general rise in the prices of goods and services". I agree there are many causes of inflation and we are all entitled to our opinion. Saying the World is flat might be someone's opinion, but it doesn't make them any less wrong. Same goes for dija, Brinker and anyone who says higher priced oil is not inflationary. There is a whole list of things we buy that go into the composite measure of inflation called CPI. Some go up and some go down. CPI simply sums them up with proper weightings. My experience is most everything ONLY goes up. What do you know of that you buy besides energy that goes both up and down? Put those items on a list and compare a chart of each of those to my list showing how CPI goes up when oil goes up and how it also goes down when oil goes down... Cross all the items off you list that don't follow the same pattern... and you should reach the same conclusion others reach, that higher priced oil is inflationary, not deflationary as Brinker claims.