Raw Material Prices and Recycling

So it really just comes down to the money... recycling only works when stuff costs enough.  Does that mean inflation is good for the environment?

"Thousands of tons of recyclables in the United Kingdom -- including bottles, cans, and newspapers -- are sitting un-recycled following the sudden collapse of materials prices a few weeks ago. Recycling companies are asking the government to ease regulations temporarily to allow them to store the mountains of rubbish in secured warehouses and former military bases until prices rise again."

http://www.grist.org/news/2008/11/06/rcycl/?source=daily#comments