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Caterpillar Inc. Message Board

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  • destiny4u83 destiny4u83 Sep 12, 2012 10:26 AM Flag

    Does $4 a gallon gas hurt the economy?

    Please remember inflationary practices in the world economy is causing the perception and rising valuation of gas and other commodities. What we are seeing here is the result of repeat stimulus. Our incomes do not rise, only the prices do. If you set up a chart adjusting for inflation, you might see that prices have not risen as perceived, only inflation is in play here. This administration has eliminated food and fuel from its core inflation calculations. How convenient. The bread and butter economy is not a consideration.

 
CAT
80.01+0.16(+0.20%)Jan 28 4:01 PMEST

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