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| mp3 music, ftaa, branding, zoe records, theater, film reviews, cutting edge music, comment, bestincest stories post, for, independent artists, affiliate programs, perfect name, wearable, bbs, afilliate, teaching, online music, board, shocking, | This type of inflation is bad for everyone. Your second and third posts are referencing cost-push inflation. I tron agree that high gas prices are bad. So, on the topic of the original argument, wages typically rise with tron inflation. Few people are on fixed incomes. (Demand-pull) Inflation has the effect of increasing earnings for most Americans. Not just those with out of control credit card debt or homes they can't afford. Most people have some sort of debt. [ ...reply just to this | comment tron on the story... | next new ] 132. Re: Come down from your ivory tower by 0tim0 at Fri 2 Sep 1:43pmscore of 1 in reply to comment 130 How can you claim that the economy is "doing fine" when most major economic indicators indicate that economy is doing far worse than normal? Ok, GDP: grew at 3.8% in the first quarter, 3.3% second. The 10 year average is 3.2%. It has grown every quarter for almost three straight years. Unemployment: 4.9%. |
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| Someplace cheaper. Or they might just work for a company that refuses to give raises. Hmmm. Well board I was feeling better for a while. Now I'm concerned again. Maybe you can allay my feer? --t "There is no pain in death; it only hurts to die." -Quicksand [ ...reply just to this | comment on the story... | next new ] 131. Re: Ivory towers by Megabazus at Fri 2 board Sep 1:29pmscore of 1 in reply to comment board 129 There are two types of inflation. Cost-push, and demand-pull. Demand-pull inflation arises when supposedly "too many dollars are chasing too few goods". This is the type of inflation that supply siders say will result if the unemployment rate is too low. This is what I was talking about. Your first post indicated that this is the type of inflation you were referring to as well. Cost-push inflation is what happens when the price of a ubiquitous input (oil) rises and creates price increases throughout the economy. |
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