Home › Forums › Financial Markets/Economics › Inflation everywhere?
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January 28, 2011 at 3:28 PM #660309January 28, 2011 at 3:51 PM #659182briansd1Guest
[quote=bearishgurl]
Also, brian, in your “auntie’s day,” even in the absence of “convenience food,” there was no toothpaste, Motrin, Excedrin, allergy meds, wide variety of produce, pre-cut bacon/ham, cut-up chicken, hair “conditioner” and other hair stuff we take for granted, paper sanitary products, disposable diapers, pre-made baby formula, paper towels or wipes, a wide variety of laundry aids, etc. All of this stuff and more takes up a huge chunk of today’s “grocery bill.” [/quote]
They didn’t have toothpaste, but they had tooth powder.
And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
All the over-the-counter remedies are snake oil that mask the symptoms. They are about 3% useful and 100% profit.
So, it’s not really inflation. It’s that we want to buy more junk.
January 28, 2011 at 3:51 PM #659245briansd1Guest[quote=bearishgurl]
Also, brian, in your “auntie’s day,” even in the absence of “convenience food,” there was no toothpaste, Motrin, Excedrin, allergy meds, wide variety of produce, pre-cut bacon/ham, cut-up chicken, hair “conditioner” and other hair stuff we take for granted, paper sanitary products, disposable diapers, pre-made baby formula, paper towels or wipes, a wide variety of laundry aids, etc. All of this stuff and more takes up a huge chunk of today’s “grocery bill.” [/quote]
They didn’t have toothpaste, but they had tooth powder.
And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
All the over-the-counter remedies are snake oil that mask the symptoms. They are about 3% useful and 100% profit.
So, it’s not really inflation. It’s that we want to buy more junk.
January 28, 2011 at 3:51 PM #659848briansd1Guest[quote=bearishgurl]
Also, brian, in your “auntie’s day,” even in the absence of “convenience food,” there was no toothpaste, Motrin, Excedrin, allergy meds, wide variety of produce, pre-cut bacon/ham, cut-up chicken, hair “conditioner” and other hair stuff we take for granted, paper sanitary products, disposable diapers, pre-made baby formula, paper towels or wipes, a wide variety of laundry aids, etc. All of this stuff and more takes up a huge chunk of today’s “grocery bill.” [/quote]
They didn’t have toothpaste, but they had tooth powder.
And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
All the over-the-counter remedies are snake oil that mask the symptoms. They are about 3% useful and 100% profit.
So, it’s not really inflation. It’s that we want to buy more junk.
January 28, 2011 at 3:51 PM #659986briansd1Guest[quote=bearishgurl]
Also, brian, in your “auntie’s day,” even in the absence of “convenience food,” there was no toothpaste, Motrin, Excedrin, allergy meds, wide variety of produce, pre-cut bacon/ham, cut-up chicken, hair “conditioner” and other hair stuff we take for granted, paper sanitary products, disposable diapers, pre-made baby formula, paper towels or wipes, a wide variety of laundry aids, etc. All of this stuff and more takes up a huge chunk of today’s “grocery bill.” [/quote]
They didn’t have toothpaste, but they had tooth powder.
And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
All the over-the-counter remedies are snake oil that mask the symptoms. They are about 3% useful and 100% profit.
So, it’s not really inflation. It’s that we want to buy more junk.
January 28, 2011 at 3:51 PM #660314briansd1Guest[quote=bearishgurl]
Also, brian, in your “auntie’s day,” even in the absence of “convenience food,” there was no toothpaste, Motrin, Excedrin, allergy meds, wide variety of produce, pre-cut bacon/ham, cut-up chicken, hair “conditioner” and other hair stuff we take for granted, paper sanitary products, disposable diapers, pre-made baby formula, paper towels or wipes, a wide variety of laundry aids, etc. All of this stuff and more takes up a huge chunk of today’s “grocery bill.” [/quote]
They didn’t have toothpaste, but they had tooth powder.
And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
All the over-the-counter remedies are snake oil that mask the symptoms. They are about 3% useful and 100% profit.
So, it’s not really inflation. It’s that we want to buy more junk.
January 28, 2011 at 4:01 PM #659187faterikcartmanParticipant[quote=briansd1]So, it’s not really inflation. It’s that we want to buy more junk.[/quote]
I’m sick as a dog so I don’t have it in me to post much, but I was excited to agree with you Brian. It always cracks me up in the health care discussions how politicians talk as if health care costs are some sort of demon that is fixed and must be dealt with — much like being forced to deal with the Chinese if they invaded. The country spends a fortune on health care not because of some health care demon putting a gun to our heads, but because Americans want to spend money on health care and find the products and services compelling. I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?
January 28, 2011 at 4:01 PM #659250faterikcartmanParticipant[quote=briansd1]So, it’s not really inflation. It’s that we want to buy more junk.[/quote]
I’m sick as a dog so I don’t have it in me to post much, but I was excited to agree with you Brian. It always cracks me up in the health care discussions how politicians talk as if health care costs are some sort of demon that is fixed and must be dealt with — much like being forced to deal with the Chinese if they invaded. The country spends a fortune on health care not because of some health care demon putting a gun to our heads, but because Americans want to spend money on health care and find the products and services compelling. I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?
January 28, 2011 at 4:01 PM #659853faterikcartmanParticipant[quote=briansd1]So, it’s not really inflation. It’s that we want to buy more junk.[/quote]
I’m sick as a dog so I don’t have it in me to post much, but I was excited to agree with you Brian. It always cracks me up in the health care discussions how politicians talk as if health care costs are some sort of demon that is fixed and must be dealt with — much like being forced to deal with the Chinese if they invaded. The country spends a fortune on health care not because of some health care demon putting a gun to our heads, but because Americans want to spend money on health care and find the products and services compelling. I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?
January 28, 2011 at 4:01 PM #659991faterikcartmanParticipant[quote=briansd1]So, it’s not really inflation. It’s that we want to buy more junk.[/quote]
I’m sick as a dog so I don’t have it in me to post much, but I was excited to agree with you Brian. It always cracks me up in the health care discussions how politicians talk as if health care costs are some sort of demon that is fixed and must be dealt with — much like being forced to deal with the Chinese if they invaded. The country spends a fortune on health care not because of some health care demon putting a gun to our heads, but because Americans want to spend money on health care and find the products and services compelling. I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?
January 28, 2011 at 4:01 PM #660319faterikcartmanParticipant[quote=briansd1]So, it’s not really inflation. It’s that we want to buy more junk.[/quote]
I’m sick as a dog so I don’t have it in me to post much, but I was excited to agree with you Brian. It always cracks me up in the health care discussions how politicians talk as if health care costs are some sort of demon that is fixed and must be dealt with — much like being forced to deal with the Chinese if they invaded. The country spends a fortune on health care not because of some health care demon putting a gun to our heads, but because Americans want to spend money on health care and find the products and services compelling. I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?
January 28, 2011 at 4:19 PM #659192briansd1Guest[quote=faterikcartman] I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?[/quote]
faterikcartman, I’m all for rationing the level of health care the government and insurance companies should be required to pay for. But everyone should have a basic minimum standard of care.
Ideally, national health care would reward people who take care of their health and punish (charge more) those who are health slobs.
A high, punitive tax on junk food would raise a lot of money and go a long way in improving national health.
January 28, 2011 at 4:19 PM #659255briansd1Guest[quote=faterikcartman] I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?[/quote]
faterikcartman, I’m all for rationing the level of health care the government and insurance companies should be required to pay for. But everyone should have a basic minimum standard of care.
Ideally, national health care would reward people who take care of their health and punish (charge more) those who are health slobs.
A high, punitive tax on junk food would raise a lot of money and go a long way in improving national health.
January 28, 2011 at 4:19 PM #659858briansd1Guest[quote=faterikcartman] I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?[/quote]
faterikcartman, I’m all for rationing the level of health care the government and insurance companies should be required to pay for. But everyone should have a basic minimum standard of care.
Ideally, national health care would reward people who take care of their health and punish (charge more) those who are health slobs.
A high, punitive tax on junk food would raise a lot of money and go a long way in improving national health.
January 28, 2011 at 4:19 PM #659996briansd1Guest[quote=faterikcartman] I’m sure we could save a fortune by embracing the health care system of 1890’s African Bushmen — but is that what we want?[/quote]
faterikcartman, I’m all for rationing the level of health care the government and insurance companies should be required to pay for. But everyone should have a basic minimum standard of care.
Ideally, national health care would reward people who take care of their health and punish (charge more) those who are health slobs.
A high, punitive tax on junk food would raise a lot of money and go a long way in improving national health.
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