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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: David Bogdanoff who wrote (22171)7/3/2006 11:07:48 PM
From: Yogizuna   of 42834
 
By view is that inflation is higher than is tracked in official CPI figures. The higher med costs, housing prices, and even food costs are not offset by lower computer costs and declining big-screen prices. Just my opinion.

And of course, large screen TV's, fancy computers, DVD recorders and other electronic items going down in price are far from absolute necessities, while food, housing, transportation and at least some medical costs are... After one goes from lamb chops to steak to pork to chicken to hot dogs, there are not many choices left for those on marginal income who have been stung by inflation.
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