Comments on: K-Cup Prices to Increase http://www.mdmproofing.com/iym/weblog/2010/10/kcup-prices-increase/ Tue, 14 May 2013 10:58:39 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Michael http://www.mdmproofing.com/iym/weblog/2010/10/kcup-prices-increase/comment-page-1/#comment-730 Michael Thu, 21 Oct 2010 03:06:37 +0000 http://www.mdmproofing.com/iym/weblog/?p=1502#comment-730 Yes, I understand why deflation is “bad.”

I also undertand that you can’t inflate (or borrow) your way to prosperity. But damned if we don’t keep trying. This country relies on asset-price bubbles to give the impression of “wealth,” because at this point, we have nothing else.

The idea of having one’s wealth be based on true savings went out the door eons ago … all in the name of that precious “economic growth.”

]]> By: Brian http://www.mdmproofing.com/iym/weblog/2010/10/kcup-prices-increase/comment-page-1/#comment-729 Brian Thu, 21 Oct 2010 02:31:41 +0000 http://www.mdmproofing.com/iym/weblog/?p=1502#comment-729 I too would like to see the prices drop, but I’m sure that you are aware deflation can be & obviously is a serious economic threat to our fine country we live in. When consumers feel that prices will decline in the near future they delay purchases. As you can probably surmise, that isn’t good for firms like your local Sears or Home Depot or Ford Dealership, which in turn doesn’t do much to help their suppliers who supply jobs. It’s generally favorable to have stable to slightly increasing prices to keep people buying now….rather later. It’s more than just worrying about our purchasing power or stretching our paycheck….think good, solid economic growth. Although, I’m not big fan of his liberal view point, Krugman gives a good explanation here of deflation.

http://krugman.blogs.nytimes.com/2010/08/02/why-is-deflation-bad/

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