Stockerati

Oil, Gold and the Holy Dow

Unfortunately, this article didn't get posted in its entirety here. I have notified Seeking Alpha editors and it should be fixed shortly. In the meantime, if you are interested in reading the last 1/3 of the article, it's available on my blog at stockerati.com/the-oil...

Oil, Gold and the Holy Dow

captbob, didn't the presence of money surplus exist in the mid 70's as well? One point to note the early 70s was soon after an expensive war. We are currently in a war, which is a drag on the exchequer. The question to be asked and answered here: Is there a deliberate infusion of excess $ supply into the economy, during or after expensive Wars? Gulf War 1 was quick and someone else paid for it, so it doesn't count. Thoughts?

It's Contraction - Not Stagflation

Flow5, can you explain what brought the inflation down to 3% from 13% between 1981-83 then? Can you make us all of us as well-informed as you?

It's Contraction - Not Stagflation

The increase in employment is minimal as it doesn't take into account population increase, migration patterns etc. Some people panic seeing marginal increases in numbers year over year and some people whjo understand the bigger picture don't. Stagflation was rife in the 70's for deeper reasons-- we are headed there but not there yet!

Jim, I find it funny that you quote points 1,2,3 that I mention in my article as data and then ask me to do more research :)