Will Prices go "UP" or "DOWN"?
Do you think that prices will go up or down? The answer might not be simple? The CPI or Consumer Price index is very important! Its what we pay for food, gas and houses all in "one number?" and over the past 70 years has actually changed a lot!
I'm not really an "expert" with studying CPI research but the the "VIP" era of "price theory" is if we understand the pre-1950's we understand it all?
Basically? The more we understand volatility the better and the more we can really say we understand whats going on with the economy at whole?
Key Discoveries
1. prices changed the "most" between March 1970 and November of 1991 even with today changes its not as much as "back then"
2. prices int he United States have remained (surprisingly?) fairly "stable" in the 1990's to 2010? Its ironic that after the "crash" was over from 2008 housing bibble that the prices actually got to me more volatile not less?
3. Today we are at a major "turning point"? and the basic question is will "price" go up or down after a major world health epidemic???? It might not be as simple as you think? For example after a major financial collapse typically prices go down because money is "more valuable or is in less supply? However if inflation is about 3%+?
I'm not really an "expert" with studying CPI research but the the "VIP" era of "price theory" is if we understand the pre-1950's we understand it all?
Basically? The more we understand volatility the better and the more we can really say we understand whats going on with the economy at whole?
Key Discoveries
1. prices changed the "most" between March 1970 and November of 1991 even with today changes its not as much as "back then"
2. prices int he United States have remained (surprisingly?) fairly "stable" in the 1990's to 2010? Its ironic that after the "crash" was over from 2008 housing bibble that the prices actually got to me more volatile not less?
3. Today we are at a major "turning point"? and the basic question is will "price" go up or down after a major world health epidemic???? It might not be as simple as you think? For example after a major financial collapse typically prices go down because money is "more valuable or is in less supply? However if inflation is about 3%+?