Low Inflation…Apparently Is A Bad Thing? According to the headline in my local paper;
The headline is a link to the full article, but here are a few “precious” quotes from the article…Sorry to Adam Smith;
“what the global economy could use right now is a dose of higher prices.” [perhaps the authors have not ridden to the gas pumps or shopped at the grocery store lately]
- I’ll bet this image caught your eye!
No I am no talking about fashion. If you ever saw me dress you’d know that I do not follow current trends. The blends that I am talking about are “designer” gasoline blends that are required depending on where you live. First some background from the General Accounting Office,
“The Clean Air Act, as amended, requires some areas with especially poor air quality to use a “special gasoline blend” designed to reduce emissions”
“when different octane grades and other factors are considered, there were at least 45 different kinds of gasoline produced in the United States during all of 2004.”