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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?


To: octavian who wrote (1696)10/22/2007 9:45:49 PM
From: Kirk ©Respond to of 2121
 
But let me ask YOU a question. When you started saying brinker was wrong about high oil prices acting as a tax on the economy, did you say:....

I NEVER said this.

Find the quote or admit you made it up.

NEVER said it.

Acting as a tax doesn't mean higher priced oil isn't inflationary. it simply means the relationship is not 1-to-1... that is you might expect inflation to go up 1% with a doubling of oil, but the "taxing effects" means inflation might only go up 0.5%....

It is not a 100% tax....



To: octavian who wrote (1696)10/22/2007 9:48:06 PM
From: Kirk ©Read Replies (1) | Respond to of 2121
 
<<IF the FED had stopped raising rates at 4.0% as Brinker advised them to, do you think core inflation would have peaked at 2.9% then fallen to the current 1.8 or 1.9% level, the high end of the Fed's target zone, as it has?>>

--I don't know (being an idiot, how COULD I know)?


IF you can't answer that question, then.....

Why don't you TRY to answer the question honestly?

The BIG REASON I think you are so dishonest is you MAKE STUFF UP that you attribute to me saying, then you attack it. That is dishonest and despicable.