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Subject: Re: Swann's theory of inflation Posted on: Fri, 9 May 2008 04:52:53 +1000

Wozza Ports wrote
> Mr. 7% wrote
>> Green Lantern wrote
>>> Sir John Howard wrote

>>>> "Sometimes prices ... er, ah, ... they go up! Oh, shit! Where are my brown pants?"

>>> "and they go up more for Working Families than for other people"

>>> LOL

>> Yet the Libs meanwhile are telling us there is NO inflation problem!
>> ROFL

>> Seeya blokes back in power around 2020

> Inflation is due to cost pressures around the price of oil.

The inflation we are seeing is about a hell of a lot more than JUST the price of oil.

> It can only go up and up.

Wrong, as always.

> It is not a money supply issue, so there is no need for the government to strangle the economy.

It aint even proposing to strangle the economy.

> But they'll probably do this out of desperation.

Nope, you watch.

> Swan needs to have the guts to get up and say: "the rising cost of oil means everything will have to rise in price.

That aint the reason for the massive increase in the price of land.

> We all need to accept a lower standard of living.

Wrong again. Those that dont move around much dont.

> Bad luck".

No polly is ever that stupid.

> It will be amusing to watch how they . up the economy due to their fear of telling the truth.

You wouldnt know what the truth was if it bit you on your lard arse.