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03-14-2008, 08:42 PM
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#81
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
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Quote:
Originally Posted by tiuxiu
We just bought a laptop for $800 that would have been $1500 a few years ago. Neighbor just bought a 32" flatscreen LCD similar to the one we have except he paid $900 instead of $1400 like we did two years ago.
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I bet you could find an 8-track player at garage sale for 50 cents or maybe in the "free box" so I guess there isnt any inflation....
__________________
- Hurry! to the cliffs of insanity!
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03-14-2008, 09:03 PM
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#82
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Quote:
Originally Posted by Notmuchlonger
Good news. Tequila is staying around the same!
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Whaaa? Maybe this year but the stuff skyrocketed a couple of years ago when it became a fashionable "sipping" booze.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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03-14-2008, 09:05 PM
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#83
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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1/1/08-3/14/08: $13,650.91 on everything
1/1/07-3/14/07: $14,215.75 on everything
Negative year-over-year CPI-P inflation in the 2Cor521 household.
2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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03-14-2008, 09:26 PM
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#84
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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We pulled our TCL (Total Cost of Life) down in ER, but that was at the expense of not eating out that much (too much time to shop and cook), not traveling as much (we're not stressed out from our jobs anymore, and theres plenty of interesting stuff within a short drive), and by leveraging free time to squeeze down costs.
There is a bottom limit to it without pinching your TQL though...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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03-14-2008, 09:27 PM
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#85
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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Quote:
Originally Posted by SecondCor521
1/1/08-3/14/08: $13,650.91 on everything
1/1/07-3/14/07: $14,215.75 on everything
Negative year-over-year CPI-P inflation in the 2Cor521 household.
2Cor521
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Just because you spent less for 2 1/2 months isn't valid. Since you did it, congradulations that is great. If you really can live on less, year after year, and are not be cutting back to do it, you live in a different universe than I do. Do you eat, pay taxes, have health insurance, go out to eat once in awhile, buy gas, pay utilities, pay tuition, go on any vacations? Go on a European vacation and tell me about negative inflation. It's probably up 25% in one year. I can cut my expenses year after year for awhile too, it ticks me off to think I have to.
Did you catch the guy on Kudlow tonight? I don't remember his name. He said the only zero anybody in America believes when it comes to inflation is the zero's in 1 00 which is the dollar/yen, 1 00 which is the price of oil, and 1 000 which is the price of gold.
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03-14-2008, 09:29 PM
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#86
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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forgot his name, but he is always on kudlow. works for some place called strategas
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03-14-2008, 09:36 PM
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#87
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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Quote:
Originally Posted by al_bundy
forgot his name, but he is always on kudlow. works for some place called strategas
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I never liked Kudlow, or his opinions, but his show is fair and balanced lately. He brings on all points of view, the show is growing on me. I must be sick
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03-14-2008, 09:40 PM
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#88
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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What since when. Its like the ugly step child of booze.. Man I dont need people running the price up on it.
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03-14-2008, 09:42 PM
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#89
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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Quote:
Originally Posted by Notmuchlonger
What since when. Its like the ugly step child of booze.. Man I dont need people running the price up on it.
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Next thing you know they'll have futures and options on it!
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03-14-2008, 09:44 PM
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#90
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Yep, agave went from about 5c a kilo in the early 90's to almost two bucks by a year or two ago.
Try out THAT inflationary pressure...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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03-14-2008, 09:49 PM
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#91
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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Quote:
Originally Posted by cute fuzzy bunny
Yep, agave went from about 5c a kilo in the early 90's to almost two bucks by a year or two ago.
Try out THAT inflationary pressure...
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23.28% per year if I assume 16 years. Don't worry, it's not in the CPI so it will not affect your COLA's. They assumed you switched to grain bootleg a long time ago.
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03-15-2008, 01:28 AM
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#92
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,713
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Quote:
I think it's worth substituting along the hedonic scale as appropriate. For my purposes, at a macro level "eating food" suffices for planning since we feel that we have the same quality of life if I'm making us risotto at home or we're plunking down $50 for dinner at our favorite spot.
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Marquette, this game only works for so long. Once everyone has swapped out steak for hamburger, then they'll have to swap out hamburger for lungs and kidneys, and the year after they'll be gnawing on the ears and the toenails. What happens when the homemade risotto is $50? You have to compare apples to apples and I would like to see "core" inflation defined as all the basics it would be hard to live without: energy, shelter (I would like to see this on a s.f. basis), basic foodstuffs, etc..
Nords, gas is only one part of the energy picture. You might be paying $1000 more in gas, AND $2000 more in heat/electric depending where you live. That could be 10% of a low-end ER budget. Then you have to factor in that when gas doubles, that causes significant increases in production and transportation costs for all goods. It's not just what you pay at the pump. People (like me) who based their ER on factors like past personal spending, and past reported (and personal) inflation are finding the numbers going a bit blooey these days, and the more you have LBYM in the past, the less fat there is to cut to offset increases in basic necessities. I already make risotto at home, and we hardly ever eat out. Our clothing expenditures for last year were $200. I could make that zero.. but for how long? and how much is that penny-pinching really going to offset in the grand scheme of things? The baseline unavoidable costs are far more significant the more modest your aspirations.
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03-15-2008, 02:59 PM
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#93
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Thousand Oaks
Posts: 1,111
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Quote:
Originally Posted by cute fuzzy bunny
Good beer seems to cost about $1-$1.50 more a six pack this year than last year. Thats pissing me off...
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Yeah, i am pissed too, that usually gets my attention before gas prices do.
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03-15-2008, 03:33 PM
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#94
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 3,895
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South Florida inflation rate is largest in nation -- South Florida Sun-Sentinel.com
Quote:
Consumer prices rose at a 5.3 percent annual rate in the Miami-Fort Lauderdale area last month, the federal Bureau of Labor Statistics reported Friday. That puts the local rate higher than the inflation rate in major cities like New York (3.6 percent), Los Angeles (3.1 percent) and Chicago (4.4 percent). And it's significantly higher than the nation's rate, too.
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S. Florida inflation down, but outpaces nation - 03/14/2008 - MiamiHerald.com
Quote:
South Florida's inflation rate dropped in February compared to two months earlier, but it remained much higher than the national inflation rate
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looks like i took early retirement at just the wrong time and in just the wrong place. thailand here i come.
__________________
"off with their heads"~~dr. joseph-ignace guillotin
"life should begin with age and its privileges and accumulations, and end with youth and its capacity to splendidly enjoy such advantages."~~mark twain - letter to edward kimmitt 1901
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03-15-2008, 04:19 PM
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#95
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Quote:
Originally Posted by mh
Yeah, i am pissed too, that usually gets my attention before gas prices do.
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Well sure, you hear that pump click when the tanks full and look up to see $75.00, first thing you want is a drink...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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03-15-2008, 05:19 PM
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#96
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Man thats it. Im moving out to the country and start making white lightning..
I will live off the land inflation be damned!
Hey that could be my new sig..
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03-15-2008, 05:28 PM
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#97
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by SecondCor521
1/1/08-3/14/08: $13,650.91 on everything
1/1/07-3/14/07: $14,215.75 on everything
Negative year-over-year CPI-P inflation in the 2Cor521 household.
2Cor521
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Are you sure you have the right numbers ? This equals $5,460 a month and I know you always post that you live on a lot less .
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03-15-2008, 05:39 PM
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#98
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I think he forgot to separate out the $4300 a month for hookers.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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03-15-2008, 08:39 PM
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#99
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by cute fuzzy bunny
I think he forgot to separate out the $4300 a month for hookers.
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I made a hedonic adjustment from steak to hamburger in that category...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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03-15-2008, 08:57 PM
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#100
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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NM
(going in the 'sheep' direction)
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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