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


To: dybdahl who wrote (94319)5/16/2008 9:22:33 AM
From: sea_biscuit  Read Replies (1) | Respond to of 110194
 
Ah, the "hedonic pricing" trick. Well, a car with seat belts is safer than the one without seat belts. But they wouldn't let you buy the latter - assuming you can find a car without seat belts. So I don't buy the nonsense about product improvements keeping inflation low.



To: dybdahl who wrote (94319)5/16/2008 9:24:45 AM
From: dybdahl  Read Replies (1) | Respond to of 110194
 
CPI adjusted purchase power grew 2.1% in Denmark in 2007, down from 3.8% in 2006. This means that people can buy 6% more stuff in the beginning of 2008, than what they could buy in the beginning of 2006. This reflects very well what I have experienced when watching my own economy and the economy of others.

dst.dk (Danish statistics bureau)

EU-standard price index, HICP:

dst.dk



To: dybdahl who wrote (94319)5/16/2008 6:15:55 PM
From: TimbaBear  Read Replies (1) | Respond to of 110194
 
VW Passat of year 2000 is different from a VW Passat of year 1998. It looks the same, it feels the same, but the newer model is more safe. Should you consider this to be the same product?

Yes, hedonics is pure bullsh*t. Created to ensure that fools misread the hand in front of their face. If it looks like inflation, feels like inflation, then pull your head out of your *** and call it for what it is.

KISS

Reality is, things are getting cheaper and cheaper...

That's it, I just decided there's no talking with someone who's reality is so far from my own.

Done