From: "Geo" 

"Robert Comer"  wrote in
message news:44883512$1{at}w3.nls.net...
> > Not as much inflation as you might think.
>
> And maybe not as little as you think.  I know it's pretty substantial
where
> I work...  (we're a low margin industry, so any change is significant, but
> this is more than just a fluctuation type change)
>
> Why do you think the stock market has went down so much this week --
reports
> on inflation coupled with cooling of the economy, not a good combination.

I'm not saying there is no inflation, we are into inflation in spades. What
I'm saying is that if gas prices had remained low and instead the fed had
to control inflation via interest rates, we would be in way way worse shape
right now.

Most of the inflation you see is the result of china coming online. It's
not being caused by an overheating us economy. This is a huge point and a
major difference from the last time we saw serious inflation.

Geo.

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