US Economy is hot.

RawAlex · 05-28-2004

Colin, one of the questions asked (on radio this week) has been how much of that "economic growth" was due to the longer term shift of the US dollar lower compared to other currencies? It creates a sort of hidden inflation where the cost of CERTAIN (imported) goods in US dollars is higher, while others (domestically produced) tend to stay the same.

Also, how much of this increase is directly or indirectly due to the massive increases in the price of gas? That is another source of hidden inflation, as over time, the increase in the cost of transportation slips into everything else that is sold.

Inquiring minds want to know! :-)

Alex

05-28-2004	#1
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Colin, one of the questions asked (on radio this week) has been how much of that "economic growth" was due to the longer term shift of the US dollar lower compared to other currencies? It creates a sort of hidden inflation where the cost of CERTAIN (imported) goods in US dollars is higher, while others (domestically produced) tend to stay the same. Also, how much of this increase is directly or indirectly due to the massive increases in the price of gas? That is another source of hidden inflation, as over time, the increase in the cost of transportation slips into everything else that is sold. Inquiring minds want to know! :-) Alex __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds

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