Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (72568)	12/19/2007 3:09:53 PM
From: philv	Respond to of 116555

I read somewhere there is good inflation and bad inflation. Rising assets are good. We have had that in housing, and it was real good for the economy. And of course it became a bubble which is now deflating but to what level? Then there is bad inflation, when costs go up for almost everything else. It seems we are into this latter stage now.

To: NOW who wrote (72568)	12/19/2007 3:28:58 PM
From: Steve Lokness	Read Replies (2) \| Respond to of 116555

tooearly; i find it silly that you think while national home prices are falling, it is your neighborhood i should look at to decide macro trends Tooearly - you are not reading what I say. I have acknowledged that the PNW is in a world of its own as far as housing. What I have said though is that if you don't count housing on the way up - why do you all of sudden put so much stock into it on the way down! Yes - I find that silly. Housing is now distorting inflation exactly because the government didn't count it on the way up. But just because housing is now falling doesn't mean that we are in a deflationary stage since all of things I mentioned - and more - are on the rise. Food across the board is up up up. It will continue to go up I believe because of the energy bill and the efforts to make oil out of corn. Energy across the board is up in my world. Propane, diesel, heating oil and electric rates are up up up. Services prices are up up up here, I suspect because of worker shortages. Taxes and Insurance and education are up up up. Now you can talk until you are blue in the face, but that doesn't change the facts that all these prices are up and as of yet have shown no hint they are changing direction. Now what in your life are you buying on a constant basis that are going down? List them! steve