Comments on: Economic Optimism http://www.canajunfinances.com/2008/07/04/economic-optimism/ Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View Fri, 19 Mar 2010 18:56:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: bigcajunman http://www.canajunfinances.com/2008/07/04/economic-optimism/comment-page-1/#comment-1856 bigcajunman Fri, 04 Jul 2008 16:45:37 +0000 http://www.canajunfinances.com/?p=939#comment-1856 I was thinking that myself, if Gas spikes up to $200 a barrel and stays there a month and then drops back to $140.00 it may actually cause de-flation? Fun with numbers, but we are all going to be forking out more dough-re-mi to live the same life. As for the postings, it is easy most of the times, as topics jump out in front of me, almost every day. --C8j I was thinking that myself, if Gas spikes up to $200 a barrel and stays there a month and then drops back to $140.00 it may actually cause de-flation? Fun with numbers, but we are all going to be forking out more dough-re-mi to live the same life.

As for the postings, it is easy most of the times, as topics jump out in front of me, almost every day.

–C8j

]]> By: Gene http://www.canajunfinances.com/2008/07/04/economic-optimism/comment-page-1/#comment-1855 Gene Fri, 04 Jul 2008 16:40:32 +0000 http://www.canajunfinances.com/?p=939#comment-1855 Well, the RBC report was referring to *core* inflation, which strips out food and energy. That has been lower than total inflation for quite a few years now, hence the controversy over whether it's a useful metric or not. I heard something recently that should have been obvious to me, but wasn't: if oil rises to $160, inflation will go up. If it then stays at $160, inflation will drop again. It's perfectly obvious, but important. My *feeling* is that the North American economy is bleak. That would seem to be a good time to invest. As Warren Buffett said: Be greedy when others are fearful, and fearful when others are greedy. Thanks for your posts, it must be a lot of work to post something every weekday. Have a good weekend. Well, the RBC report was referring to *core* inflation, which strips out food and energy. That has been lower than total inflation for quite a few years now, hence the controversy over whether it’s a useful metric or not.

I heard something recently that should have been obvious to me, but wasn’t: if oil rises to $160, inflation will go up. If it then stays at $160, inflation will drop again. It’s perfectly obvious, but important.

My *feeling* is that the North American economy is bleak. That would seem to be a good time to invest. As Warren Buffett said: Be greedy when others are fearful, and fearful when others are greedy.

Thanks for your posts, it must be a lot of work to post something every weekday. Have a good weekend.

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