Economic/Housing Bubble?

[SouthernBoy205]

Originally Posted by cheryjohns

It is more expensive than it was 5 years ago, which was more expensive than it was 10 years ago, which was more expensive than it was 15 years ago, which was more expensive than it was 20 years ago.

There is a pattern here.

Sure. Now the paychecks will have to increase more and more too, but that seems to be a problem.

[ipuck]

Originally Posted by cheryjohns

It is more expensive than it was 5 years ago, which was more expensive than it was 10 years ago, which was more expensive than it was 15 years ago, which was more expensive than it was 20 years ago.

There is a pattern here.

Inflation has not moved much the last 10 years thanks to all those cheap manufacturing from China.

If you take out some of the major food item like milk that A&M have not figure out how to reengineer and Oil, i bet you the inflation probably DEFLATED the last 20 years.

I gave you one example. A pair of jeans cost more 20 years ago then it cost today.

[gwarnecke]

Originally Posted by ipuck

Inflation has not moved much the last 10 years thanks to all those cheap manufacturing from China.

If you take out some of the major food item like milk that A&M have not figure out how to reengineer and Oil, i bet you the inflation probably DEFLATED the last 20 years.

I gave you one example. A pair of jeans cost more 20 years ago then it cost today.

Yep. Can't discount the impacts/benefits of technological improvements either. A big-screen TV costs a fraction of what it did a decade ago, a modern smartphone replaces $1000s of separate gadgets, a new Honda Civic has luxury features that you won't find on a 10-year-old Acura, free Skype calls anywhere in the world, etc.