SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Earlie who wrote (35646)8/21/2005 9:21:44 PM
From: valueminded  Read Replies (2) of 116555
 
Deflation...Give me a break... As a small business owner, tell me when I get:

1. More Medical Insurance for less dollars
2. More Gas/Energy for less dollars
3. More fabricated parts for less dollars
4. More liability insurance for less dollars
5. More legal work for less dollars
6. Less expensive accounting
7. Cheaper shipping costs

On the home front, tell me when:

1. Energy costs go down
2. Food costs go down
3. Education (college) costs go down
4. Taxes go down (they just switch venues aka Alternative Minimum Tax for example)
5. Utilities (sewer, water, etc) decrease
6. Housing costs decrease.
7. Medical costs not or only partially covered by insurance go down. (ie dental, optometry, prescription etc)

The only arguement I see for deflation is the cost of information, communication and electronics & frankly that is a miniscule part of my budget consuming less then 5%.

The deflation touting folks on this thread have been crying about deflation for the last 5+ years & so far things have gone up in price and by far more then what I view as a dubious CPI number. We are in an inflationary cycle and maybe after years and years of inflation (or possibly stagflation) then deflation is possible.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext