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2009-01-17 Home Front Economy

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Posted by Fred 2009-01-17 00:00|| || Front Page|| [6 views ] Top

#1 Why wasn't it deflation when for years stores had their post-holiday SALES? Could it be that economist don't spend a whole of time worried about incredible markups in the market place during other than down turns in the economy.

Posted by Procopius2k 2009-01-17 09:17|| 2009-01-17 09:17|| Front Page Top

#2 Stupidity cubed. Prices rose when gas prices rose. Why isn't it equally acceptable to attach price DECLINES with the declines in gas prices? Are these people REALLY that stupid, or is their agenda so tight they can't see anything else? (Rhetorical question - no answer needed)

Posted by Old Patriot">Old Patriot 2009-01-17 18:54|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2009-01-17 18:54|| Front Page Top

#3 Consumer prices stayed flat or fell for a full quarter, not just during Xmas sale season, and they did so apart from oil and gas. There's an indirect effect, of course, of gas/oil prices on food prices (transportation, fertilizer), but that usually lags by a month or more.

Posted by lotp 2009-01-17 21:16|| 2009-01-17 21:16|| Front Page Top

#4 Oil prices have been falling since June.

Posted by ed 2009-01-17 21:56|| 2009-01-17 21:56|| Front Page Top

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