Re: OT: Inflation in the US

John Smith wrote:
Joerg wrote:

...
And now every family seems to have 3-4 cars, teenagers absolutely "need" to have a car the millisecond they turn 16, huge plasma TVs everywhere, gym membership for the whole family, $150/mo cell phone bills and $60/mo cable bills per family are considered normal, take out food every other day, the Starbucks in the morning is a "must". Oh, and a house has got to be >>2500sqft. Should I go on? _That_ was different in the old days. People had their priorities right. And people who have their priorities right get more for their Dollars.


When "we" found America, we bought Manhattan for some glass beads a mirror and some other cheap junk--this only looks similar to me ... however, I guess the Indians were damn happy with those glass beads.


What's you point? Do you think the luxury I described above is ok? And that because people blow so much money on it their financial struggles can be blamed on the oh-so-bad capitalists? What's the alternative you'd suggest?

[...]

--
Regards, Joerg

http://www.analogconsultants.com/
.

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