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

To: Archie Meeties who wrote (91039)	1/30/2008 11:56:42 AM
From: sea_biscuit	Respond to of 110194

Currently this basket is updated every 2 years. Yeah, and if the items in the basket get expensive, they will simply assume that you can live on half the basket.

To: Archie Meeties who wrote (91039)	1/30/2008 12:02:46 PM
From: Horgad	Read Replies (5) \| Respond to of 110194

"Inflation exists, just not worrisome inflation, and the future indicators are pointing down." Inflation is there and deflation is there. It just depends which way you are looking. Maybe if you sum the two, you get some nice moderate inflation picture, but that does nothing negate the fact that most people are getting cut twice: once from having their biggest asset deflate (house) and once from inflation in must have goods. Meanwhile their wages are going nowhere fast. So what is going on now is definitely not the family friendly, economically pleasing, non worrisome inflation of yesteryear. If your method of observation cannot tell the difference between the two, you might need a different method... IMHO

To: Archie Meeties who wrote (91039)	1/30/2008 1:47:42 PM
From: John Vosilla	Respond to of 110194

So in your mind how do inflationary pressures today compare to say 1990 or 2000? Personally I've never seen anything like what has been this recent trend the past 3-4 years. Many who were adults in the 70's compare this to that period except for very low interest rates and our credit induced phoney housing bubble..

To: Archie Meeties who wrote (91039)	1/30/2008 3:29:14 PM
From: bart13	Read Replies (2) \| Respond to of 110194

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. -- Arthur Schopenhauer (1788-1860) Continuing to ignore actual and real world data I see. Funny that even the BLS breakdown shows food and beverages at about 15% of the total - before ignored items like taxes. At least you do recognize some inflation in the last few years from housing, health care, etc. It's a start. I see - are you asserting that margin compression does not show inflation or that lags aren't a major factor? yawn on inflation being minimal, and mere assertions on future inflation. Cool how you avoided that even if it does drop a point or two or more, it'll still be above 7%. I suppose you buy into the GDP deflator idiocy too, where the prior quarter showed the inflation correction to be the lowest in about a decade? Too funny - I suppose that it doesn't strike you as odd that the BLS hasn't back corrected the CPI data if its so wonderful with the new & improved Orwellian redefinitions? I suppose that you buy into hedonics, and using geometrics weightings, and doing substitutions (and blowing historical comparisons, let alone the moronic logic of substituting beef for chicken when chicken goes up more), and agree with the Boskin Commission BS, and homeowners equivalent rent (rather than actual prices)... etc etc ad nauseum? As Schopenhauer said and I remind you: All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. Good luck - you'll need it.