Inflation is low???? - Saab General Bulletin Board - Saabnet.com
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Inflation is low????
Posted by Chris (more from Chris) on Wed, 7 Sep 2005 08:53:08
In Reply to: I agree and disagree, Bob M, Tue, 6 Sep 2005 07:52:23
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Can someone show me the thought process on this statement? Let's see....
Housing costs in my area +75-300% over 5 years.
Energy costs +100% over 1 year, +300% over 5 years (mmmmmm $1/gal gas).
Salary up 24% in 5 years.....
So that covers housing and energy and if everything runs on oil, I expect the cost of EVERYTHING to follow the price of oil.
So my dollar today buys about a third of what it did five years ago.
That's not inflation?????
Confused (and needing to talk to my boss),
Chris
posted by 68.164.255...
Posts in this Thread:
- My neighbor's quest for gas mileage..., Noel, Tue, 6 Sep 2005 05:21:17
- Our gas went to $3.75US/US Gal..., LesH, Tue, 6 Sep 2005 11:04:56
- Re: My neighbor's quest for gas mileage..., GM, Tue, 6 Sep 2005 10:10:59
- good, nt moore, Tue, 6 Sep 2005 05:43:25
- boo!, Topher, Tue, 6 Sep 2005 07:20:32
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