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 : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimbaBear who wrote (56419)3/21/2006 8:06:08 PM
From: mishedlo  Read Replies (2) of 110194
 
If one bought the cheapest new Ford offered by a dealer today and bought the cheapest new Ford offered by a dealer 30 years ago and if we assume the same level of bargaining skills, what one would be getting is comparable enough to measure the change in the price of a new Ford. No hedonics, no nonsense. Keep the value of the Dollar constant and see what the comparison is.

Timba I am not sure if you are being purposely dense or what but it is beyond silly to compare a model T from 1920 to the cheapest Ford today.

It really is a totally absurd comparison.
It is equally silly to compare a 1200 sq foot house of 15 years ago to a 4000 square foot house today.

It is totally and blatantly absurd to even think about making those comparison. If anyone else is making such silly comparisons then it is no wonder they think price inflation is so high. The amount of metal, copper, electronics, glass, rubber, insulation, gadgetry, lumber, etc is so vastly different that it is sheer nonsense to think such a comparison are valid.

Comparing the price of a chicken to 40 years ago makes perfect sense. So does comparing a ton of copper or a pound of sifted flour. You are attempting to compare oranges to asteroids. That is how far off base you are.

Mish
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News