Quote:
Originally Posted by Craig
I guess it depends on whether you are selling or buying. 
Read the report, the CPI for energy is actually down, although the petroleum portion is up a little. A modest amount of growth (and inflation) is healthy, why do you think the fed reduced interest rates a few days ago? |
Well, I am going off a layperson's idea here since I am not too well versed in this stuff. The way I see it, if the price of gas goes up, since most of us are on gas, it costs us more money to do anything. So, we might have to cut down some of the stuff we do. Also, it costs me more money to go to work. Again, now I have the same money but it buys less.