10.22.2008

Oil prices falling

This is a good thing, making it a lot less likely (I hope) that we'll have an inflationary depression. Still a good chance of a deflationary depression, of course, but that won't be nearly as bad for us as loss of income AND hyper inflation.

2 comments:

Kate H. said...

Okay, if you have time to track oil prices, you have time to play poker.

-HIH

Andy Cohen said...

So, is this our October surprise? Cheap gas? Or am I being too paranoid, or not paranoid enough?