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<blockquote data-quote="joshpoints" data-source="post: 2187870" data-attributes="member: 546465">Economist have their problems with their own theories.&nbsp; Like many believe energy can&#039;t cause inflation.&nbsp; All products prices are connected with energy so essentially it can cause inflation.But back to your point.&nbsp; I think I see what you are saying.&nbsp; I believe I initially misinterpreted it. I was thinking you said low gas prices are bad for the economy.&nbsp; You were really saying dropping prices may be a sign of a recessionin the future.&nbsp; I would say if we do go into a recession one of the main causes was insanely high energy prices.&nbsp; People are relying on credit to stay afloat with the prices.&nbsp; Like I say above all things are linked to energy prices.&nbsp; If energy prices go up so does food and all other products because they are transported using energy.&nbsp; The price of everything goes up.&nbsp; Credit has allowed the economy to continue running but has also created inflation because more money is essentially entering the market (not in savings).&nbsp; Problem is credit can only last as a crutch so long and I think OPEC is going to cut supply to leave prices at $3+.&nbsp; I hope we become totally independent energy wise so we can tell OPEC to go screw themselves.</blockquote>

[QUOTE="joshpoints, post: 2187870, member: 546465"] Economist have their problems with their own theories. Like many believe energy can't cause inflation. All products prices are connected with energy so essentially it can cause inflation. But back to your point. I think I see what you are saying. I believe I initially misinterpreted it. I was thinking you said low gas prices are bad for the economy. You were really saying dropping prices may be a sign of a recessionin the future. I would say if we do go into a recession one of the main causes was insanely high energy prices. People are relying on credit to stay afloat with the prices. Like I say above all things are linked to energy prices. If energy prices go up so does food and all other products because they are transported using energy. The price of everything goes up. Credit has allowed the economy to continue running but has also created inflation because more money is essentially entering the market (not in savings). Problem is credit can only last as a crutch so long and I think OPEC is going to cut supply to leave prices at $3+. I hope we become totally independent energy wise so we can tell OPEC to go screw themselves. [/QUOTE]

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