tag:blogger.com,1999:blog-2761684730989137546.post5298083356959857477..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: Food Prices still fallingmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-2761684730989137546.post-47301922847944375662016-09-27T13:50:13.175-04:002016-09-27T13:50:13.175-04:00Right, you worked hard to put yourself in a positi...<i>Right, you worked hard to put yourself in a position to extract it.</i> Tom<br /><br />Rent is one thing, government welfare proportional to wealth is quite another.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-59428752555549568242016-09-27T12:13:17.628-04:002016-09-27T12:13:17.628-04:00loonie still stuck at 1.30 Bob
You guys have to ...loonie still stuck at 1.30 Bob <br /><br />You guys have to get your oil prices back up in USD terms so the loonie will go back up... then you might see some deals on some things...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-17768840025273190462016-09-27T12:08:34.673-04:002016-09-27T12:08:34.673-04:00BWW leveraged to poultry (way down) and Olive Gard...BWW leveraged to poultry (way down) and Olive Garden leveraged to wheat, eggs, and cheese (all down)...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-24107607949544326892016-09-27T12:05:32.711-04:002016-09-27T12:05:32.711-04:00No change in Walmart's "Great Savings&quo...No change in Walmart's "Great Savings" brand, which is quite popular where I live.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-44050577770261742992016-09-27T12:02:08.936-04:002016-09-27T12:02:08.936-04:00"Restaurant prices aren't coming down. &q..."Restaurant prices aren't coming down. "<br /><br />Some are maybe just starting ... Keep an eye out... <br /><br />Saw Buffalo Wild Wings and Olive Garden doing some big discounting ...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-28814134267570746052016-09-27T11:34:04.937-04:002016-09-27T11:34:04.937-04:00Right, you worked hard to put yourself in a positi...Right, you worked hard to put yourself in a position to extract it.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6793699093304133622016-09-27T11:28:53.958-04:002016-09-27T11:28:53.958-04:00Never give up your rent willingly. I believe that ...Never give up your rent willingly. I believe that is taught by all the major business schools.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-44928776832815347732016-09-27T10:13:36.516-04:002016-09-27T10:13:36.516-04:00"progress requires taking risks"
No it ..."progress requires taking risks"<br /><br />No it doesn't ...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8173541979791687542016-09-27T10:12:40.111-04:002016-09-27T10:12:40.111-04:00Greg yes it is the less prepared foods that I see ...Greg yes it is the less prepared foods that I see coming down...<br /><br />Food sector with less labor component and more energy (oil) component...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6225011176468937112016-09-27T10:04:52.010-04:002016-09-27T10:04:52.010-04:00Risk-free savings, beyond legitimate liquidity nee...Risk-free savings, beyond legitimate liquidity needs, are money hoarding.<br /><br />But progress requires taking risks, not money hoarding. Thus positive interest on sovereign debt is anti-progress.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27223750375151648562016-09-27T10:03:30.493-04:002016-09-27T10:03:30.493-04:00@Matt
Really? Ill take your word for it cuz alth...@Matt<br /><br />Really? Ill take your word for it cuz although I do some of our shopping and I havent noticed much of a change in what WE buy, groceries are a small part of my monthly budget, fortunately for me, and I dont track it closely.<br /><br />Restaurant prices aren't coming down. <br /><br />My impression is this...shitty food is cheap (and has been for the most part) but the stuff that is good for you is expensive.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-33802594723350885502016-09-27T09:59:05.869-04:002016-09-27T09:59:05.869-04:00No you would have interest income proportional to ...No you would have interest income proportional to savings....Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-90677897238279429532016-09-27T09:56:55.153-04:002016-09-27T09:56:55.153-04:00Greg I see lower prices in stores for sure...Greg I see lower prices in stores for sure...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-71774381250640287092016-09-27T09:56:29.088-04:002016-09-27T09:56:29.088-04:00I agree about the negative rates too. Probably wi...I agree about the negative rates too. Probably within next 6 months.<br /><br />BTW did either of you see Mike Sankowskis post over at Monetary Realism about the future of money? I thought it was pretty good. He says it will be about cancellation and control. Seems about right to me. Fascist/authoritarian CBers will lower the boom soon. Should be interestingGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-81532395184746171842016-09-27T09:50:59.493-04:002016-09-27T09:50:59.493-04:00Actually, the most a risk-free deposit should retu...Actually, the most a risk-free deposit should return is 0% otherwise we have welfare proportional to wealth.<br /><br />That said, individual citizen accounts at the central bank, when we are finally allowed to have them, should be negative interest free up to, say, $250,000 US.<br /><br />Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-62234305685704777102016-09-27T09:39:01.750-04:002016-09-27T09:39:01.750-04:00Best I can tell, prices in the stores aren't f...Best I can tell, prices in the stores aren't falling much. Consumers aren't getting lower grocery bills so once again the only ones receiving the "benefit" of this price fall are the guys who can get a larger margin of profit and then stuff it in their pockets. <br /><br />And if prices fall off a cliff all that will happen is production will dry up and people will starve as producers can no longer sell for a profit.<br /><br />Falling commodity prices will not help the average guyGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.com