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To: Mike McFarland who wrote (10418)4/22/1998 8:46:00 PM
From: Wizzer  Respond to of 116927
 
Just bought hothouse tomatoes today for 99 cents a pound, not bad eh (for Toronto). But, I always look for the best deals on everything. I'm what you call a coupon/on sale hound. I stretch every buck to the limit. I buy groceries and essentials at MY price, not what the store is selling it at on any given day. Like the stock market, when it is cheap I buy lots because I know it's going up again (except for perishables, which I often get for a good price but when you got to buy, what can you do). I have never had as much money to save or to spend in my life with this philosophy. Once Advil 24's was on sale for 99 cents, and I had $1 coupons off. If it hadn't been for the damn GST and PST, they might have had to pay me to buy (hee hee).

My understanding is that some inflation is good for the stock market, whereas deflation spells disaster (lower earnings for companies, less profit on gross sales).



To: Mike McFarland who wrote (10418)4/23/1998 9:12:00 AM
From: long-gone  Read Replies (1) | Respond to of 116927
 
RE: wage inflation / price inflation / overall inflation
B.S. NO! When prices were going up, there was no inflation as wages were not moving. Now, wages are moving up(a little)& there is still NO INFLATION(?)as just gasoline has gone down. B.S. I say B.S.!!!
rh