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Reply #2: There is both inflation and deflation occurring at the same time in our economy [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-13-10 08:34 AM
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2. There is both inflation and deflation occurring at the same time in our economy
Houses, business real estate, and wages are deflating. Energy prices, food, and some manufactured goods are inflating.

At the end of the day, my belief is that this is related to one thing. The price of energy.

Our entire economy over the past 30 years was built on the stool of low energy prices. One of two things needs to happen, either energy is made cheaper, or people need to consume less.

I'm also of the belief the Federal Reserve, short of building power plants, public transportation, and more energy efficient machines can do little about this.
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