Crazy Prices On Lots of Things

Sooner · ‎03-10-2010

I think inflation is here to stay. Pretty soon "less" really be "more."

SilleeMee · ‎05-22-2016

Sometimes I think I should buy my things today b/c if I wait then the prices will be higher tomorrow, no doubt.

Still Raining · ‎03-30-2014

Inflation has been around since I remember. Just goes up and down.

Back in 1975 the starting salary for a big 8 firm was $12,000. That allowed for a new car and a starter house.

THEY CallMe Mr Wilkes · ‎06-29-2016

Inflation is an economic norm and has occurred in virtually every year since the inception of the CPI. That's why The Fed targets a "normal" inflation rate, a sign of a healthy economy.

The key is the rate of price increase, which in some years has been only 1-2%, but recently has been historically high. Some people just haven't experienced these high growth rates before.

The last period of prolonged deflation was 1930-1933, The Great Depression. Deflation and severe price declines create and feed into a prolonged economic contraction.

Corporations fail and jobs are lost if consumer prices can't sustain a business and job creation.

beckyb1012 · ‎03-09-2010

I am still waiting for the prices of gasoline that went up across the country when Hurricane Katerina hit. Once it goes up that is it.

"Live frugally, but love extravagantly."

RetRN · ‎10-01-2013

@SilleeMee wrote:
Sometimes I think I should buy my things today b/c if I wait then the prices will be higher tomorrow, no doubt.

So true. I think the same thing. Pretty tough being middle class nowadays.

Imaoldhippie · ‎06-10-2015

IMHO it will go down, but never to what it was before.

LIFE IS TO SHORT TOO FOLD FITTED SHEETS

granddi · ‎03-16-2010

This period of inflation is baffling economists because this time it has not acted as predicted. Raising interest rates was supposed to calm the jobs market and consumer demand but it has not worked as history said.

One thing for sure corporate profits are up, up, up.

Anymore its impossible to have a sense about what is fair pricing. We had a fence washed and restained. First bid was $2300.00, next was $1500.00 and we got it done for $900.00

There is nothing we can do about greed. As long as demand is high and supplies are low then prices will stay high.

Sooner · ‎03-10-2010

@THEY CallMe Mr Wilkes It isn't really the norm, but it is much more prounounced and frequent depending on the economic policies in play and sometimes situations such as when the US falls behind on fuel production and foriegn suppliers play with availability and pricing.