While some investment managers worry about deflation, plenty of prices keep rising. Recent example from Bloomberg Business Week: tickets to home football games at Ohio State. Last year's average cost: $319. This year, $523.67.
Saturday, September 11, 2010
Deflation or Inflation?
Will dollars buy more goods and services or fewer in a year or two?
While some investment managers worry about deflation, plenty of prices keep rising. Recent example from Bloomberg Business Week: tickets to home football games at Ohio State. Last year's average cost: $319. This year, $523.67.
While some investment managers worry about deflation, plenty of prices keep rising. Recent example from Bloomberg Business Week: tickets to home football games at Ohio State. Last year's average cost: $319. This year, $523.67.
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1 comment:
We're experiencing both. The price of Sports tickets, fuel prices, food, medicine, are all rising. Housing prices are falling. This downturn is fundamentally different than all the prior ones of recent history. That's why all the efforts to fix the economy have failed.
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