Friday, May 27, 2011

Ford Raises Car Prices for Third Time This Year


The opposing view was provided earlier this year by Paul Krugman:

....there’s nothing here to suggest any reason to consider inflation a problem.

1 comment:

  1. I recall 'Triple Point Diagrams' from my Engineering/Chemistry past. These are diagrams showing whether a substance will be a solid, liquid or gas at differing temperatures and pressures (these are the axis).

    Can we not come up with some similar diagram to show how affordable an automobile will be given the cost of materials, labor and regulation and the disposable income of the average 'Murikan?

    At some point ...

    Who says Austrians can't do math?