[lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

[Carl Remick]

>From: Doug Henwood <dhenwood at panix.com>
>
>The business press is full of tales of how companies can't raise prices. 
>The car industry, once the paradigmatic oligopoly, is facing rising steel 
>prices, but is unable to raise prices - in fact, 0% financing and other 
>sales incentives have been increasing. Despite rising fuel prices, airlines 
>have been unable to raise prices.

What's to keep rising oil prices from, eventually, causing another huge wave 
of inflation as occurred in the '70s?

Carl

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