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.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (62257)11/6/2002 2:57:14 PM
From: BWAC  Read Replies (2) | Respond to of 77400
 
No inflation. It will be held down by overcapacity. Capacity fueld by free-ish money. If the banks ever decide to lend money ever again.



To: RetiredNow who wrote (62257)11/6/2002 3:07:47 PM
From: telecomguy  Read Replies (2) | Respond to of 77400
 
"I think we're going to have one heck of an inflation problem a year to two years from now. :)"

Or maybe a heck of a DEFLATION? There is NO pricing power out there.....Internet & technology took care of the ability for business to gouge the customers. The only that keeps the prices positive is wage & oil price going up. Once those temporary factors are removed, prices will continue to go down...ala Japan.
People do not realize that the inflation numbers are vastly overstated over the past decade because the index calculation is flawed...for example many of the goods in the Index basket has gone down in price by over 90% if you take into account functionality, capability, etc. (obvious examples are computers, laptop, cellphone, calculators, and even cars).

Inflation is not going to be a problem for a long, long time....Greenie knows this. The risk is much more on the side of deflation these days -- and technology (internet, software) has lot to do with that strangely enough.