Inflation – Has it arrived?

[SD Realtor]

Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.

[Arraya]

Though, I do think commodities will drop sharply at some point, I kind of agree with Dimitry Orlov

http://cluborlov.blogspot.com/2009/12/predictions.html

Governments will find that they are unable to restrain themselves from printing ever more money in an endless wave of uncontrolled emission. At the same time, rising taxes, commodity prices, and costs of all kinds, coupled with a rising overall level of uncertainty and disruption, will curtail economic activity to a point where little of that money will still circulate. Inflationists and deflationists will endlessly debate whether this should be called inflation or deflation, unconsciously emulating the big-endians and little-endians of Jonathan Swifts Gulliver’s Travels, who endlessly debated the proper end from which to eat a soft-boiled egg. The citizenry, their nest egg boiled down to the size of a dried pea, will not be particularly vexed by the question of exactly how they should try to eat it, and will regard the question as academic, if not idiotic.

Distressed municipalities throughout the country will resort to charging exorbitant fees for such things as dog licenses. Many will experiment with imprisoning those unable to pay these fees in state and county jails, only to release them again as the jails continuously overflow and resources run low. The citizenry will come to regard jails as conveniently combining the features of a soup kitchen and a homeless shelter. Some towns will abandon the idea of having a fire department and decide that it is more cost-effective to just let house fires run their course, to save on demolitions.

[Arraya]

Though, I do think commodities will drop sharply at some point, I kind of agree with Dimitry Orlov

http://cluborlov.blogspot.com/2009/12/predictions.html

Governments will find that they are unable to restrain themselves from printing ever more money in an endless wave of uncontrolled emission. At the same time, rising taxes, commodity prices, and costs of all kinds, coupled with a rising overall level of uncertainty and disruption, will curtail economic activity to a point where little of that money will still circulate. Inflationists and deflationists will endlessly debate whether this should be called inflation or deflation, unconsciously emulating the big-endians and little-endians of Jonathan Swifts Gulliver’s Travels, who endlessly debated the proper end from which to eat a soft-boiled egg. The citizenry, their nest egg boiled down to the size of a dried pea, will not be particularly vexed by the question of exactly how they should try to eat it, and will regard the question as academic, if not idiotic.

Distressed municipalities throughout the country will resort to charging exorbitant fees for such things as dog licenses. Many will experiment with imprisoning those unable to pay these fees in state and county jails, only to release them again as the jails continuously overflow and resources run low. The citizenry will come to regard jails as conveniently combining the features of a soup kitchen and a homeless shelter. Some towns will abandon the idea of having a fire department and decide that it is more cost-effective to just let house fires run their course, to save on demolitions.

[Arraya]

Though, I do think commodities will drop sharply at some point, I kind of agree with Dimitry Orlov

http://cluborlov.blogspot.com/2009/12/predictions.html

Governments will find that they are unable to restrain themselves from printing ever more money in an endless wave of uncontrolled emission. At the same time, rising taxes, commodity prices, and costs of all kinds, coupled with a rising overall level of uncertainty and disruption, will curtail economic activity to a point where little of that money will still circulate. Inflationists and deflationists will endlessly debate whether this should be called inflation or deflation, unconsciously emulating the big-endians and little-endians of Jonathan Swifts Gulliver’s Travels, who endlessly debated the proper end from which to eat a soft-boiled egg. The citizenry, their nest egg boiled down to the size of a dried pea, will not be particularly vexed by the question of exactly how they should try to eat it, and will regard the question as academic, if not idiotic.

Distressed municipalities throughout the country will resort to charging exorbitant fees for such things as dog licenses. Many will experiment with imprisoning those unable to pay these fees in state and county jails, only to release them again as the jails continuously overflow and resources run low. The citizenry will come to regard jails as conveniently combining the features of a soup kitchen and a homeless shelter. Some towns will abandon the idea of having a fire department and decide that it is more cost-effective to just let house fires run their course, to save on demolitions.

[Arraya]

Though, I do think commodities will drop sharply at some point, I kind of agree with Dimitry Orlov

http://cluborlov.blogspot.com/2009/12/predictions.html

Governments will find that they are unable to restrain themselves from printing ever more money in an endless wave of uncontrolled emission. At the same time, rising taxes, commodity prices, and costs of all kinds, coupled with a rising overall level of uncertainty and disruption, will curtail economic activity to a point where little of that money will still circulate. Inflationists and deflationists will endlessly debate whether this should be called inflation or deflation, unconsciously emulating the big-endians and little-endians of Jonathan Swifts Gulliver’s Travels, who endlessly debated the proper end from which to eat a soft-boiled egg. The citizenry, their nest egg boiled down to the size of a dried pea, will not be particularly vexed by the question of exactly how they should try to eat it, and will regard the question as academic, if not idiotic.

Distressed municipalities throughout the country will resort to charging exorbitant fees for such things as dog licenses. Many will experiment with imprisoning those unable to pay these fees in state and county jails, only to release them again as the jails continuously overflow and resources run low. The citizenry will come to regard jails as conveniently combining the features of a soup kitchen and a homeless shelter. Some towns will abandon the idea of having a fire department and decide that it is more cost-effective to just let house fires run their course, to save on demolitions.

[Arraya]

Though, I do think commodities will drop sharply at some point, I kind of agree with Dimitry Orlov

http://cluborlov.blogspot.com/2009/12/predictions.html

Governments will find that they are unable to restrain themselves from printing ever more money in an endless wave of uncontrolled emission. At the same time, rising taxes, commodity prices, and costs of all kinds, coupled with a rising overall level of uncertainty and disruption, will curtail economic activity to a point where little of that money will still circulate. Inflationists and deflationists will endlessly debate whether this should be called inflation or deflation, unconsciously emulating the big-endians and little-endians of Jonathan Swifts Gulliver’s Travels, who endlessly debated the proper end from which to eat a soft-boiled egg. The citizenry, their nest egg boiled down to the size of a dried pea, will not be particularly vexed by the question of exactly how they should try to eat it, and will regard the question as academic, if not idiotic.

Distressed municipalities throughout the country will resort to charging exorbitant fees for such things as dog licenses. Many will experiment with imprisoning those unable to pay these fees in state and county jails, only to release them again as the jails continuously overflow and resources run low. The citizenry will come to regard jails as conveniently combining the features of a soup kitchen and a homeless shelter. Some towns will abandon the idea of having a fire department and decide that it is more cost-effective to just let house fires run their course, to save on demolitions.

[Rich Toscano]

[quote=SD Realtor]Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.[/quote]

That’s more “utilities” which I do agree would rise, and I just forgot to put in there because it was late at night. By services I mean stuff you hire people for. (Services as opposed to goods).

[Rich Toscano]

[quote=SD Realtor]Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.[/quote]

That’s more “utilities” which I do agree would rise, and I just forgot to put in there because it was late at night. By services I mean stuff you hire people for. (Services as opposed to goods).

[Rich Toscano]

[quote=SD Realtor]Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.[/quote]

That’s more “utilities” which I do agree would rise, and I just forgot to put in there because it was late at night. By services I mean stuff you hire people for. (Services as opposed to goods).

[Rich Toscano]

[quote=SD Realtor]Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.[/quote]

That’s more “utilities” which I do agree would rise, and I just forgot to put in there because it was late at night. By services I mean stuff you hire people for. (Services as opposed to goods).

[Rich Toscano]

[quote=SD Realtor]Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.[/quote]

That’s more “utilities” which I do agree would rise, and I just forgot to put in there because it was late at night. By services I mean stuff you hire people for. (Services as opposed to goods).

[sdduuuude]

[quote=Rich Toscano]Inflate more (this is all for Americans using dollars, and it is over a multiple-year timeframe… this is not a short term forecast):
– energy
– food
– imports
– healthcare
– hard assets

Inflate less:
– services
– discretionary goods
– rents

Inflate even less or maybe deflate:
– real estate

Deflate:
– bonds

[/quote]

Couldn’t be happier with this. A brave, clear prediction. Thanks.

Seems to me that deflation has subsided due to government activity and normal inflation is here but INFLATION hasn’t arrived.

[sdduuuude]

[quote=Rich Toscano]Inflate more (this is all for Americans using dollars, and it is over a multiple-year timeframe… this is not a short term forecast):
– energy
– food
– imports
– healthcare
– hard assets

Inflate less:
– services
– discretionary goods
– rents

Inflate even less or maybe deflate:
– real estate

Deflate:
– bonds

[/quote]

Couldn’t be happier with this. A brave, clear prediction. Thanks.

Seems to me that deflation has subsided due to government activity and normal inflation is here but INFLATION hasn’t arrived.

[sdduuuude]

[quote=Rich Toscano]Inflate more (this is all for Americans using dollars, and it is over a multiple-year timeframe… this is not a short term forecast):
– energy
– food
– imports
– healthcare
– hard assets

Inflate less:
– services
– discretionary goods
– rents

Inflate even less or maybe deflate:
– real estate

Deflate:
– bonds

[/quote]

Couldn’t be happier with this. A brave, clear prediction. Thanks.

Seems to me that deflation has subsided due to government activity and normal inflation is here but INFLATION hasn’t arrived.

[sdduuuude]

[quote=Rich Toscano]Inflate more (this is all for Americans using dollars, and it is over a multiple-year timeframe… this is not a short term forecast):
– energy
– food
– imports
– healthcare
– hard assets

Inflate less:
– services
– discretionary goods
– rents

Inflate even less or maybe deflate:
– real estate

Deflate:
– bonds

[/quote]

Couldn’t be happier with this. A brave, clear prediction. Thanks.

Seems to me that deflation has subsided due to government activity and normal inflation is here but INFLATION hasn’t arrived.

[Author]

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