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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (67868)8/10/2006 1:04:49 AM
From: bart13  Read Replies (1) of 110194
 
That is the nut and the nut is inflation.
The rest is nonsense.
Unfortunately it is damn hard if not impossible to measure the size of the nut.


Amen on measuring and comparing properly. But...

1968 low end apartment in LA, $100/month. Very similar one now, $850+/month.

1921 model Ford had no planned obsolescence built in and little need for a mechanic... and of course I'd rather have certain more current models.

The airline flight of today is much more in sardine packed land and service or meals are non existent.

Bottom line, is its not simple as you noted.

Corn, wheat, meats, etc, are all very different products from the 40s or 60s - GMO seeds, taste and size are very different. Nutritional values are different - how much, I don't know and the spin is intense. Gov't price supports also didn't exist to the degree they exist today.
We're also in my opinion not very far into the ag & other commodity up cycle.

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