Shlaes conclusions confirm EVERYONE'S personal experience

Reader comment on: Shlaes on Inflation

Submitted by epaminondas (United States), Jul 19, 2014 05:58

I will be 65 in december. We own our home and cars, kids are out of the household. Thus 2 of our highly visible cost components are food and fuel. They NEVER decrease. Quoting the CPI index has a very limited utility when looking at the 200,000,000 (?) anecdotal household lives in the USA. We all do not buy the mix of product the way they are compiled by the 'same' people who decided you will never need to flush more than1.6 gallons. Movie prices have now increased so much (and that's disposable) we only go to see those 3D movies for which we can get senior discount-because we are so PISSED OFF. For us, when Coffee jumps 60%, and gas goes from $1.50-$4.00, when electricity was $130/month and now is DOUBLE that, that is OUR rate of inflation, not some indexed 1.5-2%. When a family goes to the market and looks at beef or (the healthier) fish prices, do you think they say 'But Krugman sez it's all just fine'?

You might as well argue the world is more tranquil since 2009 (as this admin recently did)

Note: Comments are moderated by the editor and are subject to editing.

Submit a comment on this article

Other reader comments on this item

Title By Date
Call it whatever you want? Who cares.. [84 words]JHXJul 19, 2014 22:45
gas prices? [9 words]laughJul 19, 2014 13:41
You won't see what you never look for. [72 words]Scott BJul 19, 2014 12:15
Agreeing with Krugman [14 words]Robert LukitschJul 19, 2014 07:48
⇒ Shlaes conclusions confirm EVERYONE'S personal experience [188 words]epaminondasJul 19, 2014 05:58
The publishing of critism [257 words]David LundJul 18, 2014 20:18
The publishing of critism [257 words]David LundJul 18, 2014 18:51
Shallow [38 words]jim haugheyJul 18, 2014 18:11
Economic Revisionism [39 words]Max PlanckJul 18, 2014 17:46
Shlaes is an economic naif [41 words]Paulie the KJul 18, 2014 17:45
Cost of Living vs CPI [110 words]Paul from SAJul 18, 2014 17:36
aren't you cherry picking? [100 words]Paul JJul 18, 2014 17:04
Long vs short [139 words]RockyJul 18, 2014 14:39
doing the math [50 words]John GillisJul 17, 2014 17:58
↔ Doing the math correctly [45 words]Bitter ClingerJul 18, 2014 15:24
↔ Thanks [12 words]John GillisJul 18, 2014 15:52
↔ I blame American schools
[w/response] [65 words]		Hywel MorganJul 18, 2014 16:34
↔ Huh? [36 words]Bitter ClingerJul 19, 2014 08:36
↔ Mea culpa [87 words]Hywel MorganJul 20, 2014 11:46
Newstand prices [45 words]Jerry SkurnikJul 17, 2014 17:40
↔ pocket pain [37 words]hectorJul 18, 2014 18:22

Comment on this item

Mark my comment as a response to Shlaes conclusions confirm EVERYONE'S personal experience by epaminondas

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.