- Oil prices going up is not inflationary. Inflation is too much money chasing too few goods.... Robert Brusca {view}
- Where was wealth effect during that time? ... The consumer didn't die. People lost all kinds of money in the stock market, and it didn't seem to affect them.... Robert Brusca {view}
- The Fed is concerned about this, and it has a reason to be concerned. There's no pricing power, and they're watching this very warily.... Robert Brusca {view}