Comments on: Cost of Living in America http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 18:29:42 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: constantnormal http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-203861 constantnormal Thu, 13 Aug 2009 19:31:00 +0000 http://www.ritholtz.com/blog/?p=34875#comment-203861 @tawm 9:08 am " ... it seems hard to believe that rampant inflation will not take place." Reality is often hard to believe. That's the advantage that reality has over fiction. (this meme stolen from Tom Clancy) @tawm 9:08 am

” … it seems hard to believe that rampant inflation will not take place.”

Reality is often hard to believe. That’s the advantage that reality has over fiction. (this meme stolen from Tom Clancy)

]]> By: Greg0658 http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-201341 Greg0658 Fri, 07 Aug 2009 04:18:36 +0000 http://www.ritholtz.com/blog/?p=34875#comment-201341 I saw today on MSM the new shorty multi-billionaire Paulson explaining that job wages are stratification'g due to technology and the manufacture'g patents ... the minds that keep those processes running ... so I lowered my costs to lure in more work in these times .. that rebalance'g to robots and foreign labor ... now next step is (one or a bit of all) hope .. a new idea and plan .. or downsize (which is deflation in TBP) .. I am leaning to the logical move as being a downsize but my heart says what'll I do then ...... 7x across the USA like Forest might be different? I saw today on MSM the new shorty multi-billionaire Paulson explaining that job wages are stratification’g due to technology and the manufacture’g patents … the minds that keep those processes running … so I lowered my costs to lure in more work in these times .. that rebalance’g to robots and foreign labor … now next step is (one or a bit of all) hope .. a new idea and plan .. or downsize (which is deflation in TBP) .. I am leaning to the logical move as being a downsize but my heart says what’ll I do then …… 7x across the USA like Forest might be different?

]]> By: tawm http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-201032 tawm Thu, 06 Aug 2009 13:08:48 +0000 http://www.ritholtz.com/blog/?p=34875#comment-201032 Agreed that it's not simple. My point is that in practical terms inflation is already evident for everyday type expenses. I am not an economist, but it seems hard to believe that rampant inflation will not take place. Agreed that it’s not simple. My point is that in practical terms inflation is already evident for everyday type expenses. I am not an economist, but it seems hard to believe that rampant inflation will not take place.

]]> By: leftback http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-201005 leftback Thu, 06 Aug 2009 08:57:37 +0000 http://www.ritholtz.com/blog/?p=34875#comment-201005 This is complicated. Based on the Japanese experience, we may well see deflation in big ticket and discretionary items (housing, autos, boats etc..) with modest inflation in daily expenses (energy, food, public transportation). This is complicated. Based on the Japanese experience, we may well see deflation in big ticket and discretionary items (housing, autos, boats etc..) with modest inflation in daily expenses (energy, food, public transportation).

]]> By: tawm http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-200990 tawm Thu, 06 Aug 2009 01:58:57 +0000 http://www.ritholtz.com/blog/?p=34875#comment-200990 The CPI is misleading nonsense. In my experience in the NY Metro area, combined real-life living expenses (e.g. medical costs, energy, food, clothing, entertainment, transportation, etc.) are certainly not flat or down. The CPI is misleading nonsense. In my experience in the NY Metro area, combined real-life living expenses (e.g. medical costs, energy, food, clothing, entertainment, transportation, etc.) are certainly not flat or down.

]]> By: Pat G. http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-200948 Pat G. Wed, 05 Aug 2009 22:24:27 +0000 http://www.ritholtz.com/blog/?p=34875#comment-200948 So, in Detroit, where the u6 is probably at 20% the CPI has contracted by just 1.5%. What deflation?? So, in Detroit, where the u6 is probably at 20% the CPI has contracted by just 1.5%. What deflation??

]]> By: gregh http://www.ritholtz.com/blog/2009/08/cost-of-living-in-america/comment-page-1/#comment-200750 gregh Wed, 05 Aug 2009 15:58:36 +0000 http://www.ritholtz.com/blog/?p=34875#comment-200750 http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chdet=1249502400000&chddm=326485&chls=IntervalBasedLine&q=NYSE:USO&ntsp=0 http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chdet=1249502400000&chddm=326485&chls=IntervalBasedLine&q=NYSE:USO&ntsp=0

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