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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: deeno who wrote (36405)7/29/2005 9:52:49 AM
From: Mike JohnstonRead Replies (3) of 306849
 
Since pizza subject has pretty much been exhausted....

Supposedly, inflation is only 2% per year, then how about this: in about 2 years the price of a coffee and 2 doughnut combo in Dunkin Donuts went up close to 50% !
It costs 2.98 vs 2.12.

Tradelite will go nuts when he reads the above, but i already know what his response will be. Therefore i am already responding to him:

Dear Tradelite, i went to DD today and i paid 2.98 for a coffee and a doughnut combo which is 50% more than 2 years ago.
But you know what, although i would rather pay 2.12 , i gladly paid the higher price since that is what i wanted. In fact, i would gladly pay even $5 if i had to ( probably could not afford it if it was over $10) This is not a complaint, but simply an observation that there is inflation, contrary to what Ms Grace Zaccardi claims.
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