Posted by Artys on March 15, 2009, 6:20 pm
Hello all,
Some economic reporters say that inflation is on its way, in a year
or so. For me, that means increased light and grocery bills. What
might I do to combat such inflation? I am already living frugal in
many ways. I well remember the horror of the 1970's.
Posted by Vic Smith on March 15, 2009, 7:35 pm
wrote:
>Hello all,
> Some economic reporters say that inflation is on its way, in a year
>or so. For me, that means increased light and grocery bills. What
>might I do to combat such inflation? I am already living frugal in
>many ways. I well remember the horror of the 1970's.
Stock up on beer and oatmeal now.
Seriously though, are those the same economic reporters who were
saying buy stocks when the Dow was at 14,000?
Other than normal frugality about consumption and price-watching,
not much you can do.
I didn't find the 1970's horrible at all, except for Disco and that
song call "Muskrat Love. Disgusting really.
The main issue as I see it is non-discretionary spending.
Stuff you can't do much about.
Like real estate taxes and heating bills.
Hard to avoid those without moving to a warm place with low taxes.
You can cut back on most things, and change your habits.
--Vic
Posted by Rod Speed on March 15, 2009, 11:58 pm
Artys wrote:
> Some economic reporters say that inflation is on its way, in a year or so.
I doubt it. I bet we actually see deflation instead.
> For me, that means increased light and grocery bills.
> What might I do to combat such inflation?
> I am already living frugal in many ways.
You can obviously go to bed as soon as it gets dark etc
but its unlikely that the cost of light will go up that much.
Obviously use more efficient lights if you arent doing that already
and only have the minimum on if you arent doing that already.
Not much you can do about grocery prices except
eat cheaper food than you currently do etc.
> I well remember the horror of the 1970's.
No horror for me.
Posted by John A. Weeks III on March 16, 2009, 8:21 am
In article
> Hello all,
> Some economic reporters say that inflation is on its way, in a year
> or so. For me, that means increased light and grocery bills. What
> might I do to combat such inflation? I am already living frugal in
> many ways. I well remember the horror of the 1970's.
Some say that Jesus will return soon. But just like Jesus,
inflation has been predicted by the doomsday crowd every
year for the past 2000 years, and so far, it hasn't happened.
Why not worry about something more realistic rather than spamming
the newsgroup with scare talk and truck-stop rumors?
-john-
--
======================================================================
John A. Weeks III 612-720-2854 john@johnweeks.com
Newave Communications http://www.johnweeks.com
======================================================================
Posted by Dave Garland on March 16, 2009, 12:26 pm
John A. Weeks III wrote:
> just like Jesus,
> inflation has been predicted by the doomsday crowd every
> year for the past 2000 years, and so far, it hasn't happened.
Inflation hasn't happened? That must be why I can still buy a nice
house, barn, and 40 acres for $5000, like my parents did. Why I can
still buy a new car for $300, like the Model T. Why in Zimbabwe a
loaf of bread doesn't cost 213 million times as much today as it did a
year ago. (Sure, you'll say you weren't talking about Zimbabwe, but
that 2000 years means you're not talking about the USA either. It was
pretty bad in Weimar Germany, too.) And why you and I still make a
dollar a day.
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> Some economic reporters say that inflation is on its way, in a year
>or so. For me, that means increased light and grocery bills. What
>might I do to combat such inflation? I am already living frugal in
>many ways. I well remember the horror of the 1970's.