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

To: GST who wrote (75164)12/9/2006 10:44:28 PM
From: Mannie  Read Replies (1) | Respond to of 110194
 
The more you spend on gas, the less you have to spend on other items. The high price of gas slows the economy, therefore I see it as deflationary rather than inflationary.



To: GST who wrote (75164)12/9/2006 11:43:50 PM
From: pogohere  Read Replies (1) | Respond to of 110194
 
My understanding is that the price level remained steady throughout the 19th century. If price levels are the measure of inflation/deflation, what is your take on why prices remained steady (if they did) in the 19th century, as opposed to what happened in the 20th century?

Thanks again.


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