Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1059083, member: 3011&quot;]It&#039;s complex.&nbsp; There are two components to rising energy prices.&nbsp; One is the fact that demand is increasing faster than supply, which is just the normal response in a free market economy and not inflation.&nbsp; The other is the fact that the money itself is losing value because the change in supply of money exceeds the change in demand for money.&nbsp; You have to compare the deltas to determine whether or not there is inflation.&nbsp; As Milton Friedman pointed out, &quot;inflation is always and everywhere a monetary phenomenon.&quot;&nbsp; The premise of free energy is absurd, but if it was free, it would have no impact on inflation because the changes in the money supply would just transfer its impact to all other goods and services.&nbsp; Once you understand that inflation is not caused by rising prices, but that rising prices are sometimes part of the normal supply/demand equasion, and sometimes the visible effect of inflation, you will begin to understand.&nbsp; I hope that helps clarify it.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in