tag:blogger.com,1999:blog-8515247115132134144.post5047156987334834153..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: More Port Traffic StagnationStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8515247115132134144.post-10601617741469463792011-10-19T23:32:26.631-07:002011-10-19T23:32:26.631-07:00I should add that I don't think it is rational...I should add that I don't think it is rational for Americans to freak out over the price of gasoline to the extent they do, as long as prices in general are not rising that fast.<br /><br />That said, it is the price people see every time they fill their tank.<br /><br /><b>February 28, 2011</b><br /><a href="http://money.usnews.com/money/blogs/flowchart/2011/02/28/how-higher-oil-prices-will-hit-your-wallet" rel="nofollow">How Higher Oil Prices Will Hit Your Wallet</a><br /><br /><i>It would be worse if $4 gas were to produce a bunker mentality that caused consumers to stop spending and hoard cash.</i>Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-89830326779428677302011-10-19T23:08:25.197-07:002011-10-19T23:08:25.197-07:00Troy,
I think you are underestimating the power o...Troy,<br /><br />I think you are underestimating the power of a <a href="http://www.despair.com/ir.html" rel="nofollow">single drop</a> to start a flood.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-53822139026471481972011-10-19T20:33:31.073-07:002011-10-19T20:33:31.073-07:00I would say that the high price of oil is once aga...<i>I would say that the high price of oil is once again creating some drag.</i><br /><br />Oil, shmoil.<br /><br />American households pump 1000 gallons of gas a year, so $1 diff here is ~$1000.<br /><br />The home ATM was pumping out $10,000 per household during the boom times, 2005-2007.<br /><br />Sheeet, per-capita health care is up $1100 PER CAPITA since 2007.Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-80115477170254852162011-10-19T17:34:59.159-07:002011-10-19T17:34:59.159-07:00GYSC,
I'm headin' to zero weight if curre...GYSC,<br /><br />I'm headin' to zero weight if current unsustainable trends continue! ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-30544755900655908002011-10-19T17:22:18.541-07:002011-10-19T17:22:18.541-07:00Another great set of charts Mark, thanks. Waiting ...Another great set of charts Mark, thanks. Waiting for the next weight loss post.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com