Home › Forums › Financial Markets/Economics › Inflation – Has it arrived?
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March 15, 2011 at 6:30 PM #678430March 15, 2011 at 8:45 PM #677316urbanrealtorParticipant
Alright it has finally happened.
I agree with CAR on something.
The only qualification I would have is that I think food is more elastic than fuel.
Supply shocks or price spikes in gas will effect a lot more things more quickly than wheat (or other foodstuff) prices.
The biggest inflationary pressure it will have is in the lowest consumer rung (people who spend more of their income on groceries).
I think this compartmentalization is due to the fact that we produce so damn much of the stuff.
My two bits.March 15, 2011 at 8:45 PM #677374urbanrealtorParticipantAlright it has finally happened.
I agree with CAR on something.
The only qualification I would have is that I think food is more elastic than fuel.
Supply shocks or price spikes in gas will effect a lot more things more quickly than wheat (or other foodstuff) prices.
The biggest inflationary pressure it will have is in the lowest consumer rung (people who spend more of their income on groceries).
I think this compartmentalization is due to the fact that we produce so damn much of the stuff.
My two bits.March 15, 2011 at 8:45 PM #677982urbanrealtorParticipantAlright it has finally happened.
I agree with CAR on something.
The only qualification I would have is that I think food is more elastic than fuel.
Supply shocks or price spikes in gas will effect a lot more things more quickly than wheat (or other foodstuff) prices.
The biggest inflationary pressure it will have is in the lowest consumer rung (people who spend more of their income on groceries).
I think this compartmentalization is due to the fact that we produce so damn much of the stuff.
My two bits.March 15, 2011 at 8:45 PM #678117urbanrealtorParticipantAlright it has finally happened.
I agree with CAR on something.
The only qualification I would have is that I think food is more elastic than fuel.
Supply shocks or price spikes in gas will effect a lot more things more quickly than wheat (or other foodstuff) prices.
The biggest inflationary pressure it will have is in the lowest consumer rung (people who spend more of their income on groceries).
I think this compartmentalization is due to the fact that we produce so damn much of the stuff.
My two bits.March 15, 2011 at 8:45 PM #678459urbanrealtorParticipantAlright it has finally happened.
I agree with CAR on something.
The only qualification I would have is that I think food is more elastic than fuel.
Supply shocks or price spikes in gas will effect a lot more things more quickly than wheat (or other foodstuff) prices.
The biggest inflationary pressure it will have is in the lowest consumer rung (people who spend more of their income on groceries).
I think this compartmentalization is due to the fact that we produce so damn much of the stuff.
My two bits.March 16, 2011 at 1:01 AM #677386CA renterParticipantA pig just flew past my window.
π
Agree that fuel has more of a domino effect than food, but speculation in any of these commodities — in volumes that can greatly distort prices — is a bad thing. IMHO, that’s what we’re dealing with right now. Yes, I think it’s going to crash at some point. (But NOBODY could have seen it coming!)
March 16, 2011 at 1:01 AM #677444CA renterParticipantA pig just flew past my window.
π
Agree that fuel has more of a domino effect than food, but speculation in any of these commodities — in volumes that can greatly distort prices — is a bad thing. IMHO, that’s what we’re dealing with right now. Yes, I think it’s going to crash at some point. (But NOBODY could have seen it coming!)
March 16, 2011 at 1:01 AM #678052CA renterParticipantA pig just flew past my window.
π
Agree that fuel has more of a domino effect than food, but speculation in any of these commodities — in volumes that can greatly distort prices — is a bad thing. IMHO, that’s what we’re dealing with right now. Yes, I think it’s going to crash at some point. (But NOBODY could have seen it coming!)
March 16, 2011 at 1:01 AM #678186CA renterParticipantA pig just flew past my window.
π
Agree that fuel has more of a domino effect than food, but speculation in any of these commodities — in volumes that can greatly distort prices — is a bad thing. IMHO, that’s what we’re dealing with right now. Yes, I think it’s going to crash at some point. (But NOBODY could have seen it coming!)
March 16, 2011 at 1:01 AM #678528CA renterParticipantA pig just flew past my window.
π
Agree that fuel has more of a domino effect than food, but speculation in any of these commodities — in volumes that can greatly distort prices — is a bad thing. IMHO, that’s what we’re dealing with right now. Yes, I think it’s going to crash at some point. (But NOBODY could have seen it coming!)
March 16, 2011 at 5:42 AM #677402ArrayaParticipantOil is food
The oil we eat:
Following the food chain back to Iraq
http://www.harpers.org/archive/2004/02/0079915March 16, 2011 at 5:42 AM #677459ArrayaParticipantOil is food
The oil we eat:
Following the food chain back to Iraq
http://www.harpers.org/archive/2004/02/0079915March 16, 2011 at 5:42 AM #678066ArrayaParticipantOil is food
The oil we eat:
Following the food chain back to Iraq
http://www.harpers.org/archive/2004/02/0079915March 16, 2011 at 5:42 AM #678201ArrayaParticipantOil is food
The oil we eat:
Following the food chain back to Iraq
http://www.harpers.org/archive/2004/02/0079915 -
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