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View Full Version : The issue, imo, of the new millenium


oldandslow
01-03-2008, 10:18 AM
OIL(NYM)

+0.38 100.00 bbl
+0.38%

12:15:47 PM ET 01/03/2008

It hit 100 yesterday, but that was only one trade. Today, however, is a different story.

4.00 gas come memorial day.

Calcountry
01-03-2008, 01:51 PM
OIL(NYM)

+0.38 100.00 bbl
+0.38%

12:15:47 PM ET 01/03/2008

It hit 100 yesterday, but that was only one trade. Today, however, is a different story.

4.00 gas come memorial day.Not if banks quit issuing credit cards.

SBK
01-03-2008, 02:02 PM
The problem is inflation. Oil and gold are at all time highs against the dollar not on demand, but on the fed killing it.

Calcountry
01-03-2008, 04:38 PM
The problem is inflation. Oil and gold are at all time highs against the dollar not on demand, but on the fed killing it.Yeah, but what is causing the inflation? Is it excessive demand or costs being pushed through to the consumer? There is a very distinct difference between the two causes. One, can be fought off by monetary policy, the other leads to "stagflation".