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Re: Correcting someone who says oil speculation and rising oil costs are causing inflation

The prices in everything has risen recently due to inflation. Eggs, for example, have jumped in price by 40%, partially due to inflation. Gas prices would be lower w/o gas taxes and increased demand in China and India, but inflation is still the MAJOR contributing factor here.

Posted to Economics Questions (Forum) by krazy kaju on Fri, May 2 2008

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