- This topic has 200 replies, 20 voices, and was last updated 16 years, 1 month ago by
JWM in SD.
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April 22, 2008 at 10:24 AM #192405April 22, 2008 at 10:48 AM #192328
JWM in SD
Participant“Back then a gallon of milk was about $1.25. It’s basically the same gallon of milk, so why is milk $3.50 a gallon (or more) today. Milk is not more desireable today than it was 10 or 15 years ago. I know that everybody wants to buy some, but still, it’s the same milk.
Inflation happens.”
Yeah, the problem is that is not “Inflation” as it is properly defined. Inflation is an increase in the base money supply through either printing or availability of credit. We have had the latter for past several years.
If you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
April 22, 2008 at 10:48 AM #192357Participant“Back then a gallon of milk was about $1.25. It’s basically the same gallon of milk, so why is milk $3.50 a gallon (or more) today. Milk is not more desireable today than it was 10 or 15 years ago. I know that everybody wants to buy some, but still, it’s the same milk.
Inflation happens.”
Yeah, the problem is that is not “Inflation” as it is properly defined. Inflation is an increase in the base money supply through either printing or availability of credit. We have had the latter for past several years.
If you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
April 22, 2008 at 10:48 AM #192383Participant“Back then a gallon of milk was about $1.25. It’s basically the same gallon of milk, so why is milk $3.50 a gallon (or more) today. Milk is not more desireable today than it was 10 or 15 years ago. I know that everybody wants to buy some, but still, it’s the same milk.
Inflation happens.”
Yeah, the problem is that is not “Inflation” as it is properly defined. Inflation is an increase in the base money supply through either printing or availability of credit. We have had the latter for past several years.
If you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
April 22, 2008 at 10:48 AM #192402Participant“Back then a gallon of milk was about $1.25. It’s basically the same gallon of milk, so why is milk $3.50 a gallon (or more) today. Milk is not more desireable today than it was 10 or 15 years ago. I know that everybody wants to buy some, but still, it’s the same milk.
Inflation happens.”
Yeah, the problem is that is not “Inflation” as it is properly defined. Inflation is an increase in the base money supply through either printing or availability of credit. We have had the latter for past several years.
If you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
April 22, 2008 at 10:48 AM #192445Participant“Back then a gallon of milk was about $1.25. It’s basically the same gallon of milk, so why is milk $3.50 a gallon (or more) today. Milk is not more desireable today than it was 10 or 15 years ago. I know that everybody wants to buy some, but still, it’s the same milk.
Inflation happens.”
Yeah, the problem is that is not “Inflation” as it is properly defined. Inflation is an increase in the base money supply through either printing or availability of credit. We have had the latter for past several years.
If you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
April 22, 2008 at 10:51 AM #192338ParticipantDon’t sweat it Ex-SD. You see, the problem is that that this site is a direct threat to the lifestyle that many SoCal realtors have cultivated for themselves over the past 5 to 10 years based on inflation of housing prices and loose lending standards. That is coming to a rapid end and they know it and they are scared. What you are seeing is lashing out at those who are telling the truth about what is going on they don’t like it one bit.
Too Freakin Bad…..
April 22, 2008 at 10:51 AM #192366ParticipantDon’t sweat it Ex-SD. You see, the problem is that that this site is a direct threat to the lifestyle that many SoCal realtors have cultivated for themselves over the past 5 to 10 years based on inflation of housing prices and loose lending standards. That is coming to a rapid end and they know it and they are scared. What you are seeing is lashing out at those who are telling the truth about what is going on they don’t like it one bit.
Too Freakin Bad…..
April 22, 2008 at 10:51 AM #192393ParticipantDon’t sweat it Ex-SD. You see, the problem is that that this site is a direct threat to the lifestyle that many SoCal realtors have cultivated for themselves over the past 5 to 10 years based on inflation of housing prices and loose lending standards. That is coming to a rapid end and they know it and they are scared. What you are seeing is lashing out at those who are telling the truth about what is going on they don’t like it one bit.
Too Freakin Bad…..
April 22, 2008 at 10:51 AM #192412ParticipantDon’t sweat it Ex-SD. You see, the problem is that that this site is a direct threat to the lifestyle that many SoCal realtors have cultivated for themselves over the past 5 to 10 years based on inflation of housing prices and loose lending standards. That is coming to a rapid end and they know it and they are scared. What you are seeing is lashing out at those who are telling the truth about what is going on they don’t like it one bit.
Too Freakin Bad…..
April 22, 2008 at 10:51 AM #192455ParticipantDon’t sweat it Ex-SD. You see, the problem is that that this site is a direct threat to the lifestyle that many SoCal realtors have cultivated for themselves over the past 5 to 10 years based on inflation of housing prices and loose lending standards. That is coming to a rapid end and they know it and they are scared. What you are seeing is lashing out at those who are telling the truth about what is going on they don’t like it one bit.
Too Freakin Bad…..
April 22, 2008 at 11:06 AM #192358(former)FormerSanDiegan
ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
April 22, 2008 at 11:06 AM #192386ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
April 22, 2008 at 11:06 AM #192413ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
April 22, 2008 at 11:06 AM #192432ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
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