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Showing posts from January, 2012

Environmental Industry: Deflation or Inflation - Which Will It Be?

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Environmental Industry: Deflation or Inflation - Which Will It Be?  I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.  -  William E. Simon "It's a recession when your neighbor loses his job; it's a depression when you lose yours."  -  President Harry S. Truman Inflation Wikipedia defines  inflation  as " A rise in the general   level of prices   of goods and services in an   economy   over a period of time.    When the general price level rises, each unit of currency buys fewer goods and services." I noticed the price of disposable gloves go went up  about $1 per box in the last year and the price of sampling tubing has gone up about $0.02 per foot.   I could pull out my old "Economics 101" book from my years at Western Michigan University (now about 28 years old) and go through the reasons behind this "inflation" of