I wrote: "High unemployment means less money circulating so prices comes down just to generate a sale. High employment means more money, so prices go up. Supply and demand. So high inflation and high unemployment are two things which should never been seen together, in theory."
This is my "theory" which you just blanketed as "holding no water and happening all the time."
My thoery is based on supply and demand, as I show. I never said it didn't happen. I even showed it did.
Now instead of just telling me something I showed to exist happens all the time, and my statement of "it shouldn't" is wrong (huh?), perhaps you would give Reasons Why this "happens all the time" thing does happen.
See, Don, high unemployment and low inflation makes logical supply and demand sense. But people without money (less demand) and rising prices (a sign of high demand), are two elements that "shouldn't" be seen together. I didn't say they weren't. Just shouldn't. See the difference?
Again, would you care to explain why this happens instead of just telling me "your theory holds no water" without exaplination.
Thanks.
Michael Ross
|