On Thu, September 1, 2005 1:23 am, jon@dakota-truck.net said:
>
> People like to complain about gas prices, but
> you've really got to adjust them for inflation in order to make a
> meaningful comparison.
Here's a question, just to further confuse the issue. I'm sure there's no
good answer for this, but it's worth thinking about. How much of the
general inflation do you think has been driven by increases in fuel
prices?
For instance, if it costs more to truck food to the grocery store, then
grocery prices increase. I've seen the price of fuel used to justify
recent increases in food, postage, electricity, and just about any
consumer item you can think of. To say nothing of airline fares, although
since so many people have quit flying the story usually isn't "we have to
jack up fares because of the price of fuel" it's usually "we're going out
of business because of the price of fuel... anyone want to buy three
hundred airplanes, cheap?".
I'm tempted to say if they weren't driving the price of fuel up so much,
we wouldn't have so much inflation to begin with. But that's just my
totally uneducated opinion. I'm not an economist, just a pissed off
consumer.
-- Jason Bleazard http://drazaelb.blogspot.com Burlington, Ontario his: '95 Dakota Sport 4x4, 3.9 V6, 5spd, Reg. Cab, white hers: '01 Dakota Sport 4x4, 4.7 V8, Auto, Quad Cab, black
This archive was generated by hypermail 2b29 : Sat Oct 01 2005 - 12:50:23 EDT