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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (56438)	3/21/2006 11:04:39 PM
From: TimbaBear	Read Replies (1) \| Respond to of 110194

Mish, Do you ever stop and read what you write? A house is not a house and a car is not a car, but a 3 lb chicken is a 3 lb chicken. Need I say more? Timba

To: mishedlo who wrote (56438)	3/21/2006 11:32:59 PM
From: Clarksterh	Read Replies (1) \| Respond to of 110194

The cheapest Ford of 30 years ago simply is not comparble to the cheapest Ford today. That is simply a statement of fact. I would suggest that you go too far in your search for the perfect inflation figure. Like it or not, if you want a new, cheap 4 wheeled transport mechanism you have to buy a 'car'. Thus, in practice, it is a valid measure consumer inflation to look at the price of the cheapest Ford of 20 years ago and the cheapest Ford currently. A somewhat more tenuous, but still quite reasonable argument can be made about healthcare, computers or even internet access. To attempt to tackle to most tenuous - if you have any kids in high school it is probably pretty apparent that you need the internet to efficiently do homework and 'compete' with the other kids. Clearly this is a long way from black and white, but to compare just commodity prices, which your methodology pretty much forces you to, probably makes significant errors in true cost of living within our society. Clark