No Inflation

Discussion in 'Economy' started by Toro, Nov 13, 2010.

  1. Toro
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    Toro Diamond Member

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  2. Mr. H.
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    Mr. H. Diamond Member

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    What's the deal with Argentina?
     
  3. Toro
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    Toro Diamond Member

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    They have inflation.

    The answer is "because they're Argentina." It's what they do.
     
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  4. william the wie
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    william the wie Gold Member

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    What is important about that chart is that an increasing percentage of the globe has internet retailers. Haiti and cell phones is the reason mango prices are going down in the US. The spread of market information into New Guinea is the main cause of ever more sophisticated drug tests at sporting events. Finding out sales prices at different ports by cell phone is increasing the amount of fish protein in the Indian diet. Cotton and peanuts from Africa will be the next big adjustment. As computing power increases in availability prices of everything will start going down.
     
  5. loosecannon
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    loosecannon Senior Member

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    commodification squared. I hate commodification. And there are few things I hate.
     
  6. william the wie
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    william the wie Gold Member

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    No, that would require synthetic commodities which are a few year down the road when nano-technology takes off but commodification squared and possibly cubed is on the horizon. That may be much worse. "These are the good ol' days".
     

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