I'm with ya, and I wasn't try to argue with you either. The reality of the situation is that going back at least 20 years (and really 30-40+), the metrics that were once used to measure such things have been rendered almost completely useless. We're trying to use old monetary system (pre-71) metrics to a monetary world/system that has gone bananas at an increasing rate and just makes schit up as it goes.
What's the better way though? There are numerous measures of inflation out there other than CPI, but they all have their own issues. I tend to think any indicator can be useful as long as you understand how it is collected and what the limitations are.
$41, pretax, for 8 razor blades. Saw it at store yesterday. (Dollar shave club gentlemen, it’s worth it)
$41, pretax, for 8 razor blades. Saw it at store yesterday. (Dollar shave club gentlemen, it’s worth it)
As mentioned some of you old timers probably don't feel inflation as much as some of the rest of us younger, still working(driving a lot)still eating(old people never have an appetite) still drinking and still with underage/college age kids. We also don't get Medicare or Medicaid or whatever it is that gives you free medical and medicine stuff, no free rides to the Doctor or shopping or any Early Bird discounts when we go out to eat.......f vckin old people....
I always thought it was the opposite of this.As mentioned some of you old timers probably don't feel inflation as much as some of the rest of us younger, still working(driving a lot)still eating(old people never have an appetite) still drinking and still with underage/college age kids. We also don't get Medicare or Medicaid or whatever it is that gives you free medical and medicine stuff, no free rides to the Doctor or shopping or any Early Bird discounts when we go out to eat.......f vckin old people....
Well in all fairness bond yields have been falling for about 40 years....in fact the long bond chart goes down at almost a perfect 45 degree angle if looking at a long term chart from the mid 80's....mean while us "younger people" will be at the mercy of equities and the effect the Fed has on them
and hoping we don't get another RE crash close to shutting down(retiring)
Well in all fairness bond yields have been falling for about 40 years....in fact the long bond chart goes down at almost a perfect 45 degree angle if looking at a long term chart from the mid 80's....mean while us "younger people" will be at the mercy of equities and the effect the Fed has on them
I've begged my Mom for the last few years to sell off some of her bonds and convert them to value based stocks and recently oil/energy/materials where it's still pretty easy to find a 5-6% dividend. You guys think I'm hard headed....
Sounds like a good strategy to me for someone relying on fixed income or at this point looking to avoid the chaos within general equities or growth stocks. I've shifted the majority of my holdings to companies who can pass on the higher prices that inflation brings. I don't expect huge upside from about half of them but if some of the oil/energy stocks return any where close to mean(2013) I'll be happier than a pig in mud.....I've also shifted a lot of what was in growth/tech over to materials/commodities and been seeing steady green instead of the huge green and red days the nasdaq has been serving up.
Well in all fairness bond yields have been falling for about 40 years....in fact the long bond chart goes down at almost a perfect 45 degree angle if looking at a long term chart from the mid 80's....mean while us "younger people" will be at the mercy of equities and the effect the Fed has on them
I've begged my Mom for the last few years to sell off some of her bonds and convert them to value based stocks and recently oil/energy/materials where it's still pretty easy to find a 5-6% dividend. You guys think I'm hard headed....
As mentioned some of you old timers probably don't feel inflation as much as some of the rest of us younger, still working(driving a lot)still eating(old people never have an appetite) still drinking and still with underage/college age kids. We also don't get Medicare or Medicaid or whatever it is that gives you free medical and medicine stuff, no free rides to the Doctor or shopping or any Early Bird discounts when we go out to eat.......f vckin old people....
