Quote:
Originally Posted by Craig
I'm am staying far away from that casino, it will be very ugly when the bottom falls out.
It's not inflation, it's just people who slept through their economics 101 class being conned buy the people who are selling this stuff at inflated prices.
|
Yes, with few exceptions (mostly junior miners) stay out of the stock market.
Hanes has no say in how much $ the farmer gets from his cotton crop.
By definition, inflation is simply an increase in the money supply. So you are correct a 90% rise in the price of cotton is NOT inflation, it is teh result of inflation.