tag:blogger.com,1999:blog-27951078.post138869756416171755..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-27951078.post-66108711436230457002008-12-31T19:36:00.000-06:002008-12-31T19:36:00.000-06:00That's why I leave the heavy thinkin an philosphin...That's why I leave the heavy thinkin an philosphin to you gentlemen. They say you can't put a value on quality, but I have to wonder if the quality is worth the price??<BR/> Oh well, Happy New Year to All!! Hope this year is a lot better whatsoever the economic scale.<BR/> Maybe I won't need my readin glases now...Ol Jameshttps://www.blogger.com/profile/08104714377087960892noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-62158579787691075572008-12-31T10:00:00.000-06:002008-12-31T10:00:00.000-06:00Johm,I did not mean to imply those were your words...Johm,<BR/><BR/>I did not mean to imply those were your words and I do apologize. I do agree with you however that the tide is carrying all experts toward the same anser- problem is we are headed toward the branch of the river with the waterfall when in fact we should paddle just even a little to get closer to shore, and maybe even catch the current to the branch where our destination actually is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-3553433897060433732008-12-31T09:56:00.000-06:002008-12-31T09:56:00.000-06:00james:farmers saw inflated input prices, but gener...james:<BR/><BR/>farmers saw inflated input prices, but general CPI inflation was very low. I'm not too sure those prices won't also tumble soon as well.<BR/><BR/>Most economists agree we are experiencing deflation right now, despite exceptions.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-11480156020757445262008-12-30T19:35:00.000-06:002008-12-30T19:35:00.000-06:00I may be thinking wrong...but wasn't high inflatio...I may be thinking wrong...but wasn't high inflation what we just went thru?? Fuel in the $4.00 range, fertilizer at $1000.00+. Not to mention utilities, food, grain, meat, etc,etc.<BR/> Basically, what was the difference, other than price, between regular unleaded at $1.40 and $4.00?? It still came from the same pump.<BR/> Like your relating grain prices to oil you got a point. I have followed the hog market myself. When oil and fuel are cheap, people spend, and so goes consumer spending and the job market. When oil prices are high then spending, the markets and jobs go the same way. Whadda ya think??Ol Jameshttps://www.blogger.com/profile/08104714377087960892noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-90020770978120634232008-12-30T12:54:00.000-06:002008-12-30T12:54:00.000-06:00brian:Every concern you have is valid, which is wh...brian:<BR/><BR/>Every concern you have is valid, which is why these experts embrace it with distaste. My point is not that it should be the answer, but that seems to be the way the tide is flowing.<BR/><BR/>anon:<BR/><BR/>One asset that comes to mind is farmland. There may be others, but that's what I was referring to.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-19574857190381109822008-12-30T12:41:00.000-06:002008-12-30T12:41:00.000-06:00ok, you got me. what would that be?ok, you got me. what would that be?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-52390225207408653682008-12-30T12:29:00.000-06:002008-12-30T12:29:00.000-06:00John,I am really really fearful about inflation be...John,<BR/><BR/>I am really really fearful about inflation being the answer. If we boost prices we essentially give up more than we gain. A higher selling price on a home is great for a seller, however what about those of us currently not listing our homes? Instead of reaping the benefit from seeing a rebound in home prices, we simply are along for the ride of higher prices paid for other goods, and nothing else gained. I do not think inflating the values of anything right now reaps positive results- case in point 2008 grain prices.<BR/><BR/>Long story short, inflation causes nothing but more inflation. Higher prices only benefit the sellers, and even then that is a ghost gain, because at some point it catches up to you much like deferring income to reduce taxes.<BR/><BR/>I am always happy to have more cash in hand and am waiting to see what mortgage rates are doing so I can refi, but it is also nerve wracking to wonder what happens to the money in hand- hopefully I get to keep it rather than just keep it warm for someone else.Anonymousnoreply@blogger.com