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: Jack of All Trades who wrote (71237)10/6/2006 4:47:42 PM
From: GST  Read Replies (1) of 110194
 
<My gas for my commute is now some 30% cheaper.
-The houses that I am looking to upgrade to have fallen >30%. -I am seeing house prices per sqft come back to 1999/2000 levels and they are still not selling.>

These are good examples of what inflation and deflation are NOT -- short term price swings are not inflation or delfation. If we called every short term price swing inflation and deflation then we would have deflation a large part of the time. The fact is, since world war II, we have not had any period of deflation -- although we have had plenty of price swings. We have been in a decades long trend towards higher prices and nothing has broken that long term trend.

The idea that we face deflation is, to be a bit forward, nutty.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext