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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (69422)	9/6/2006 3:22:42 PM
From: mishedlo	Read Replies (3) \| Respond to of 110194

Are your reading challenged? I think you might be. Restaurant lowered prices nationally in the wake of falling demand. Is the price of gasoline falling nationally or not? Home prices? Or are you just watching what goes up? Have you paid attention to 4 consecutive job misses followed by one that was merely inline? In any case you have crossed the line into total stupidity. I never said rising home price was deflationary, and I have no idea if Danville has a Bennigans at all. Finally you completely and purposely misstated many of my positions. But I agree with you. I have changed my mind. in any case, i agree with you: if prices are going up, it's deflationary, because that means less demand. and if prices are going down, that's deflationary, because prices are lower. when housing prices went up, that was not inflationary because you said it wasn't. and now that prices are going down, it's deflationary because you say it is. when commodity prices rose, it wasn't inflationary because you said it wasn't. when the CRB falls, it's deflationary because you say it is. Falling home prices, gasoline prices, and restaurant prices are obviously inflationary because you say they are. Now do you want to stop the horseshit or not? Mish