Quote:
Originally Posted by Shazam
Housing? Nope. Long term trend is always upward.
Food? Nope. Long term trend is always upward.
Do you understand the ramifications of a deflationary economy?
Macbooks being cheaper does not mean anything.
Deflation is a macroeconomic phenomenon. You can't apply it to something like a specific manufacturer's product.
Hell let's look at video cards. Are those cheaper?
You must be young or rich. I bought my first house in Calgary in 2002 for $191K. Good luck with that now.
My parents bought their first house in Calgary in 1987ish for $90K.
My wife's parents bought their first house in Calgary in 1979ish for $30K.
|
Bought my first condo in Calgary in 2012 for 330k. I wish that I was guaranteed inflation like you are implying.