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To: AC Flyer who wrote (17145)3/20/2002 10:27:31 PM
From: westpacific  Respond to of 74559
 
I did not say the dollar worth less, I SAID PRINTING MORE MONEY makes that dollar in your pocket buy less. So you have to have inflation of wages to just keep up. And we are not keeping up.



To: AC Flyer who wrote (17145)3/20/2002 10:38:34 PM
From: lisalisalisa  Read Replies (2) | Respond to of 74559
 
What "stuff" costs less? The stuff I think of that costs less are toys, much of which is made in other countries. TV's, cell-phones etc...The necessities of life, housing, medical costs, food seem to cost way more than ten years ago. Even ,much of entertainment, like movies, sporting events etc, seem to cost much, much more than they used to.



To: AC Flyer who wrote (17145)3/20/2002 11:29:29 PM
From: Mike M2  Respond to of 74559
 
AC, some things do cost more look at stock prices and real estate. The inflation is in financial assets. mike



To: AC Flyer who wrote (17145)3/21/2002 8:56:11 AM
From: elmatador  Respond to of 74559
 
What if we look to discretionary income? The income that is left in citizens pocket after they satisfy all their needs: food housing, education, Taxes...
I have a feeling that people -in the US have had more and more discretionary income in the last 20 years.

I don't mean that they saved it like the Japanese.

I think they buy, shares, afford holidays and all those goodies. Then if discretionary income is not enough, they can use other people's savings -people who invest into the US- to get credit to buy the goodies.

Since the US is the biggest consumer market of the planet, every country struggle to sell in there. The US citizen get the benefit of this exporters' competition.



To: AC Flyer who wrote (17145)3/22/2002 1:17:40 PM
From: Frank Pembleton  Read Replies (2) | Respond to of 74559
 
Hi... how are you?

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