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reformist2

(9,841 posts)

50. Actually, there has been no inflation in commodity prices compared to the peak in the last bubble.

Sun Feb 16, 2014, 03:27 PM

Feb 2014

The bursting of the bubble created a huge deflation in commodities. The money printing has allowed speculation to return, but it is no greater than it was before the crash. The price of oil is lower than it was in 2008. If consumer prices are higher than they were before, that isn't because of money printing - it's more likely the result of profit gouging.

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Went to the drug store to buy something. Two years ago it was about $5...now its $9 [View all] Armstead Feb 2014 OP

When I mention the price of things like that.. butterfly77 Feb 2014 #1

Not picking on your daughter at all. ... but the youth have been brainwashed to RKP5637 Feb 2014 #7

This is exactly how they see it.. butterfly77 Feb 2014 #10

I do remember "stagflation" of the 70s Armstead Feb 2014 #17

Wages weren't stagnant; that's why it was stagflation. El_Johns Feb 2014 #45

It's called inflation. aristocles Feb 2014 #2

No. Sanity Claws Feb 2014 #4

Yep: jsr Feb 2014 #9

Great chart however I wonder what it would look like for OTC meds progressoid Feb 2014 #40

Rigged market abelenkpe Feb 2014 #14

agreed. this is not inflation in its normal sense. it is absolutely rigged markets. magical thyme Feb 2014 #32

What should really be scary is that when the housing bubble popped and the Gulf oil spill Dustlawyer Feb 2014 #38

It's the new feudalism taking over. zeemike Feb 2014 #41

I know you don't believe that. The money has gone to the banks, and banks don't increase demand. reformist2 Feb 2014 #18

I call it greed Armstead Feb 2014 #19

No, it's called pushing zentrum Feb 2014 #34

Rent. TransitJohn Feb 2014 #3

Same here, I've noticed prices going up and up by huge amounts, not just the RKP5637 Feb 2014 #5

Down the toilet if we're not careful Armstead Feb 2014 #23

Milk, now a luxury item. n/t RKP5637 Feb 2014 #28

Hell, for some of us...... llmart Feb 2014 #29

Yes its getting to that pount where so many basics are becoming luxuries Armstead Feb 2014 #30

How come few mention the Stock Market Racket which has been a huge source of price gauging.. busterbrown Feb 2014 #42

Well said! The corruption in this country is incredible, but we call it business. It's almost RKP5637 Feb 2014 #47

Is is something like Sudafed that contains pseudoephedrine? Lasher Feb 2014 #6

No this was a very traditional product with nothing changed or exotic Armstead Feb 2014 #24

Yes, if you calculated an inflation rate for needs Yo_Mama Feb 2014 #8

And When We Stop Buying Because We Can't Afford To Buy ...... global1 Feb 2014 #11

Good question but i don't believe they think that far ahead Armstead Feb 2014 #25

They will adjust volumes and prices to keep it up for those who can afford RKP5637 Feb 2014 #48

The government keeps printing money to pay for our growing debt... Southerner Feb 2014 #12

Have average wages gone up? No. So the inflation is not caused by money printing... reformist2 Feb 2014 #20

Money creation via Fed ZIRP and QE* feeds paper asset bubble reinflation kenny blankenship Feb 2014 #46

Actually, there has been no inflation in commodity prices compared to the peak in the last bubble. reformist2 Feb 2014 #50

If wages kept up it would be one thing...but this is more a matter of systemic greed Armstead Feb 2014 #26

LOL Skittles Feb 2014 #55

Did that product also contain less amount of content? dixiegrrrrl Feb 2014 #13

Yep, I see that all the time too, less and less content, and increasing price. Now, they RKP5637 Feb 2014 #15

A pound of coffee is now 11 oz. Last year is was 12 oz. and the year before that it was 13 oz. OregonBlue Feb 2014 #16

But we are told there is no inflation ... former9thward Feb 2014 #22

And 5 lbs of sugar GP6971 Feb 2014 #31

My daughter has picked up on the content problem as well. riderinthestorm Feb 2014 #21

No but I know what you mean Armstead Feb 2014 #27

Toilet paper! Ino Feb 2014 #36

I was just flipping through some old yearbooks wickerwoman Feb 2014 #33

I have an app for that! fleabiscuit Feb 2014 #44

Take a look at canned vegetables... awoke_in_2003 Feb 2014 #35

Message auto-removed Name removed Feb 2014 #37

I think all products are higher in price RebelOne Feb 2014 #39

I thought this was gonna be about beer Skink Feb 2014 #43

Drug stores dont sell beer in my state Armstead Feb 2014 #54

This is why the GOP argument concerning a minimum wage increase is flawed... Purrfessor Feb 2014 #49

True shenmue Feb 2014 #51

When I was a kid, candy bars were usually a dime Art_from_Ark Feb 2014 #56

This is going on with food, too. I'm glad I don't eat meat or fish anymore kestrel91316 Feb 2014 #52

you're catching on..... prices go up, wages don't. nt TheFrenchRazor Feb 2014 #53

Was it pseudo-ephedrine based? (nt) Recursion Feb 2014 #57

Don' think so, but as basic a cough syrup as I could get Armstead Feb 2014 #59

somebody explained it to me that this was NOT deflation and inflation currently at work Tuesday Afternoon Feb 2014 #58

The dollar is weaker Boom Sound 416 Feb 2014 #60

All I know is my dollar hs become anemic, losing about half its value over the last five years... Armstead Feb 2014 #61

I sound like my father, but Boom Sound 416 Feb 2014 #62

Yep, I hate to tell you what I remember the price of gas being "when I was a kid" Armstead Feb 2014 #63