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To: Diana in Wisconsin
But ... but ... but ... but the new 4K HDTVs cost about what the old fashioned 1080Ps cost a few years back. Surely that is more important than food, housing, energy, insurance, medicine, tuition and those other things on your list. /s

I'm sure you know that the government has been revising the definition of inflation continuously for decades to make it look no worse than about 2.5% annually. But it is still a mystery to me that interest rates can still be held artificially low. This can't go on forever.

6 posted on 03/05/2015 8:26:41 AM PST by InterceptPoint (Cruz'n to Victory in 2016)
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To: InterceptPoint

I’d love to flip some 4K stock footage that I am slowly generating to go with those 4K TVs. Maybe with better weather, I could hire acting talent and help the economy. I rather doubt it will.


17 posted on 03/05/2015 9:11:44 AM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: InterceptPoint

Another way of looking at it is that the cost of the discretionary goods like new TVs and consumer electronics went down because demand dropped, because people are spending more on food, electricity, medical costs, taxes.


19 posted on 03/05/2015 9:28:10 AM PST by tbw2
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To: InterceptPoint

“This can’t go on forever.”

You’re right; it can’t. And when the rubber band snaps, it’s going to be ugly. And I mean Nancy Pelosi-level ugly!


20 posted on 03/05/2015 10:22:54 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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