[PeterPrinciple]

We have tremendous inflation in what exactly?
Where is the inflation at?

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What I tried to say in the initial post is the when people talk about inflation that does not mean EVERTHING. It depends where you look. It might be certain items and might be certain regions.

We have lived quite a while with the mantra, “wait, and the price will go down.” That has changed, now it is buy it now while you still and before the price goes up.

It takes a while for our mind to catch up to what is happening NOW, we tend to live in the past.

[SmokingJoe]

We have lived quite a while with the mantra, “wait, and the price will go down.” That has changed, now it is buy it now while you still and before the price goes up.

The prices of cell phones, laptops, High definition TVs, tablets etc are vastly lower than they used to be.
I remember when I bought my desktop for over $3000. Today you can get a laptop (which should be pricier than a desktop) for as low as $300.