[patientlywaiting]

[quote=4plexowner]no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH[/quote]

I’m with 4plexowner on this.

I don’t see inflation in the consumer products that Walmart sells (plastic tubs, electronics, etc..) because of the glut of productive capacity brought about by manufacturing automation and low labor costs in China, Vietnam, Cambodia, Myanmar, Bangladesh, India and soon, Cuba (and eventually Africa). If there is peace in the Middle East, I have no doubt we’ll see lots of garments “made in Palestine”.

I would begin to worry about inflation if and when China and India become consumer societies.

What will be interesting to watch, in the next few years, is that as interest rates move up, house prices will commensurately drop while we have to pay more for food and education, health care and insurance.

[patientlywaiting]

[quote=4plexowner]no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH[/quote]

I’m with 4plexowner on this.

I don’t see inflation in the consumer products that Walmart sells (plastic tubs, electronics, etc..) because of the glut of productive capacity brought about by manufacturing automation and low labor costs in China, Vietnam, Cambodia, Myanmar, Bangladesh, India and soon, Cuba (and eventually Africa). If there is peace in the Middle East, I have no doubt we’ll see lots of garments “made in Palestine”.

I would begin to worry about inflation if and when China and India become consumer societies.

What will be interesting to watch, in the next few years, is that as interest rates move up, house prices will commensurately drop while we have to pay more for food and education, health care and insurance.

[patientlywaiting]

[quote=4plexowner]no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH[/quote]

I’m with 4plexowner on this.

I don’t see inflation in the consumer products that Walmart sells (plastic tubs, electronics, etc..) because of the glut of productive capacity brought about by manufacturing automation and low labor costs in China, Vietnam, Cambodia, Myanmar, Bangladesh, India and soon, Cuba (and eventually Africa). If there is peace in the Middle East, I have no doubt we’ll see lots of garments “made in Palestine”.

I would begin to worry about inflation if and when China and India become consumer societies.

What will be interesting to watch, in the next few years, is that as interest rates move up, house prices will commensurately drop while we have to pay more for food and education, health care and insurance.

[patientlywaiting]

[quote=4plexowner]no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH[/quote]

I’m with 4plexowner on this.

I don’t see inflation in the consumer products that Walmart sells (plastic tubs, electronics, etc..) because of the glut of productive capacity brought about by manufacturing automation and low labor costs in China, Vietnam, Cambodia, Myanmar, Bangladesh, India and soon, Cuba (and eventually Africa). If there is peace in the Middle East, I have no doubt we’ll see lots of garments “made in Palestine”.

I would begin to worry about inflation if and when China and India become consumer societies.

What will be interesting to watch, in the next few years, is that as interest rates move up, house prices will commensurately drop while we have to pay more for food and education, health care and insurance.

[patientlywaiting]

[quote=4plexowner]no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH[/quote]

I’m with 4plexowner on this.

I don’t see inflation in the consumer products that Walmart sells (plastic tubs, electronics, etc..) because of the glut of productive capacity brought about by manufacturing automation and low labor costs in China, Vietnam, Cambodia, Myanmar, Bangladesh, India and soon, Cuba (and eventually Africa). If there is peace in the Middle East, I have no doubt we’ll see lots of garments “made in Palestine”.

I would begin to worry about inflation if and when China and India become consumer societies.

What will be interesting to watch, in the next few years, is that as interest rates move up, house prices will commensurately drop while we have to pay more for food and education, health care and insurance.

[patientlywaiting]

[quote=sc_alum] I get the attraction of a pool guy, but it’s really been no trouble or time or money to do it ourselves.[/quote]

The wife might like to have a pool guy. 😉

We had a pool, and it’s a lot of maintenance and costs for not much use.

I would buy a house if it came with a pool as it’s essential “free”, especially when real estate is at rock bottom.

But I wouldn’t spend the money, on top of the purchase price, to put in a pool and elaborate landscaping.

[patientlywaiting]

[quote=sc_alum] I get the attraction of a pool guy, but it’s really been no trouble or time or money to do it ourselves.[/quote]

The wife might like to have a pool guy. 😉

We had a pool, and it’s a lot of maintenance and costs for not much use.

I would buy a house if it came with a pool as it’s essential “free”, especially when real estate is at rock bottom.

But I wouldn’t spend the money, on top of the purchase price, to put in a pool and elaborate landscaping.

[patientlywaiting]

[quote=sc_alum] I get the attraction of a pool guy, but it’s really been no trouble or time or money to do it ourselves.[/quote]

The wife might like to have a pool guy. 😉

We had a pool, and it’s a lot of maintenance and costs for not much use.

I would buy a house if it came with a pool as it’s essential “free”, especially when real estate is at rock bottom.

But I wouldn’t spend the money, on top of the purchase price, to put in a pool and elaborate landscaping.

[patientlywaiting]

[quote=sc_alum] I get the attraction of a pool guy, but it’s really been no trouble or time or money to do it ourselves.[/quote]

The wife might like to have a pool guy. 😉

We had a pool, and it’s a lot of maintenance and costs for not much use.

I would buy a house if it came with a pool as it’s essential “free”, especially when real estate is at rock bottom.

But I wouldn’t spend the money, on top of the purchase price, to put in a pool and elaborate landscaping.

[patientlywaiting]

[quote=sc_alum] I get the attraction of a pool guy, but it’s really been no trouble or time or money to do it ourselves.[/quote]

The wife might like to have a pool guy. 😉

We had a pool, and it’s a lot of maintenance and costs for not much use.

I would buy a house if it came with a pool as it’s essential “free”, especially when real estate is at rock bottom.

But I wouldn’t spend the money, on top of the purchase price, to put in a pool and elaborate landscaping.

[patientlywaiting]

I limited my travels to Europe during the boom.

I did take advantage of the good prices and traveled around the world right after 9/11 but in the last few years, I’ve limited my foreign travels.

I’ll be enjoying the low foreign prices again.

One thing I learned is that, like real estate and commodity prices, travel is cyclical. You need to take advantage when prices are low, and boycott when prices are high.

When the dollar is weak, it’s best to travel in America and enjoy our own vast, beautiful country. When the dollar is strong, go see the world. 🙂

[patientlywaiting]

I limited my travels to Europe during the boom.

I did take advantage of the good prices and traveled around the world right after 9/11 but in the last few years, I’ve limited my foreign travels.

I’ll be enjoying the low foreign prices again.

One thing I learned is that, like real estate and commodity prices, travel is cyclical. You need to take advantage when prices are low, and boycott when prices are high.

When the dollar is weak, it’s best to travel in America and enjoy our own vast, beautiful country. When the dollar is strong, go see the world. 🙂

[patientlywaiting]

I limited my travels to Europe during the boom.

I did take advantage of the good prices and traveled around the world right after 9/11 but in the last few years, I’ve limited my foreign travels.

I’ll be enjoying the low foreign prices again.

One thing I learned is that, like real estate and commodity prices, travel is cyclical. You need to take advantage when prices are low, and boycott when prices are high.

When the dollar is weak, it’s best to travel in America and enjoy our own vast, beautiful country. When the dollar is strong, go see the world. 🙂

[patientlywaiting]

I limited my travels to Europe during the boom.

I did take advantage of the good prices and traveled around the world right after 9/11 but in the last few years, I’ve limited my foreign travels.

I’ll be enjoying the low foreign prices again.

One thing I learned is that, like real estate and commodity prices, travel is cyclical. You need to take advantage when prices are low, and boycott when prices are high.

When the dollar is weak, it’s best to travel in America and enjoy our own vast, beautiful country. When the dollar is strong, go see the world. 🙂

[patientlywaiting]

I limited my travels to Europe during the boom.

I did take advantage of the good prices and traveled around the world right after 9/11 but in the last few years, I’ve limited my foreign travels.

I’ll be enjoying the low foreign prices again.

One thing I learned is that, like real estate and commodity prices, travel is cyclical. You need to take advantage when prices are low, and boycott when prices are high.

When the dollar is weak, it’s best to travel in America and enjoy our own vast, beautiful country. When the dollar is strong, go see the world. 🙂

[Author]

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