No problem, PT. Actually, things are getting cheaper.
The first sign? Look at the prices of cars. It started last year, and now this year with a vengence. Cars a now getting CHEAPER every year. Partly due to efficiencies - perhaps they have learned from the computer industry? Partly due to deceleration of new governmental regulations. But mostly, I think, the forward guard of deflation.
Another example - I just got back from grocery shopping - at Whole Foods Market (NASDAQ:WFMI), an upscale market. I noticed a LOT of price reductions. (Should we short WFMI? Man, is that an UGLY chart! Wanna see what a "blow-off top" looks like? :) )
Hey, this doesn't HAVE to be a bad thing, although I feel ominous rumblings everywhere. But, like you PT, I am an optimist. Cheap stuff is GOOD, right? :)
Everybody sing:
"Tomatoes are cheaper,
potatos are cheaper,
now's the time to fall in love..."
Er, wait a minute, when was that song popular? 1929?
"It's the stupid economy". (tm)
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