Freight shortage?

I don't need to pay for a course to overpay for books I've likely already read or can get for cheap if not free nor do I need to sit through a lecture to hear things I've already heard before. Plus it's an old running joke that if you ask 3 different economists you'll get 5 different answers.

Frederick Hyak very much disagreed with John Maynard Keynes just like I'm disagreeing with you.

If you took your own advice and took a course on economics then you'd likely realize that while government spending is a massive contributing factor to inflation it isn't the sole contributing factor or at the very least you would be able to formulate an actual argument to defend your position.

 

That's true, I'm not disputing that at all. What I'm disputing is that being the only thing that can cause inflation. That is a major factor for sure but it's not the only thing. That's what I've been saying.

 

Inflation is prices going up. Many things can cause that just like many things can bring prices down. You're running freight for peanuts because there's so many other drivers out there who will take the load just for the fuel cost. If all that competition was pushed out then you'd have Inflation. If they really need that load moved and there's nobody else to move in then you can pretty much name your price. Then that added shipping cost gets passed onto the consumer causing Inflation.

 

Well yeah, it is. It none the less sets our monetary policy though.

 

It's slow, things may pick up but right now there's not anymore money in the oilfield than there is on the road