65 comments on Inflation and oil price shocks
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cephlon on October 10, 2005 - 3:51pm
Also, does anyone know how inflation effects housing prices. If wages increase along with the decline of the dollar, do houses become more affordable or does the value of the house climb along with wage increases? Does anyone know what happened in the 70's inflation?
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Glenn on October 10, 2005 - 3:58pm
Housing will go up, along with everything else, but inflation could be a way of softening the bubble pop. People are less comfortable with absolute drops in asset prices than they are in flat asset prices while everything else appreciates.
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65 comments on Inflation and oil price shocks
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