tag:blogger.com,1999:blog-5524682876220396502.post231293720121079638..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: Inflation vs deflationUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5524682876220396502.post-80076174768311294332010-04-26T08:36:02.438+01:002010-04-26T08:36:02.438+01:00OS, thanks for the corroboration.
ACO - I think t...OS, thanks for the corroboration.<br /><br />ACO - I think the cost of lower priced items is also going up because of the pound's weakness, which you laconically identified here on 7 Oct 2007:<br /><br />http://theylaughedatnoah.blogspot.com/2007/10/which-will-fall-faster-pound-or-dollar.htmlSackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-35953793850706529552010-04-25T15:46:20.305+01:002010-04-25T15:46:20.305+01:00In a recession
demand for lower cost items increas...In a recession<br />demand for lower cost items increases (driving up prices)<br />demand for higher cost items decreases (driving down prices)<br />A rather telling recession stat.<br /><br />Since we taxpayers bailed out the rent-seeking classes it's not surprising they're doing rather well.AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-58340760775586074512010-04-25T13:47:41.310+01:002010-04-25T13:47:41.310+01:00Good observation, and accurate. A friend whose bus...Good observation, and accurate. A friend whose business sells and installs very high-end toys for high-end wealthy clients is seeing his business grow dramatically.<br /><br />I'm happy for him, a good man with a great family around him.<br /><br />But the gap is growing...staples are increasing, small luxuries are discounting.OldSouthhttps://www.blogger.com/profile/01381229263357074199noreply@blogger.com