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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (125380)	10/27/2012 7:47:59 PM
From: tejek	Read Replies (1) \| Respond to of 149317

Why??? Causae the second part of the statement "food, energy, everything from China".... has NOTHING to do with the cost of houses. Houses aren't an input into those goods. Food is a variable that is very dependent on weather. We have good years and bad years. Energy.......we are using less gas then we did 10 years ago and we are importing less oil but the world does seem to be tight when it comes to that resource, or the hedgies have made the oil markets their playground. So yes, either way, both those items can be a problem when it comes to inflation. However, I don't understand your everything from China comment........so you need to explain that one to me...........and I still don't see your correlation between Bernanke's policies and the impact oil and food have on inflation. You could see the "cost of building" something (house, commercial building) higher than the cost of buying an existing one for as long as you can imagine. There are many local markets where that has persisted for decades or longer. What is the point you are trying to make?