Comments on: Inflation is to cart as COLA is to horse http://www.mightybargainhunter.com/2009/12/23/inflation-is-to-cart-as-cola-is-to-horse/ Helping readers to use bargains wisely since 2005 Sun, 12 Feb 2012 16:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Len Penzo http://www.mightybargainhunter.com/2009/12/23/inflation-is-to-cart-as-cola-is-to-horse/comment-page-1/#comment-202102 Len Penzo Thu, 24 Dec 2009 00:10:49 +0000 http://www.mightybargainhunter.com/?p=2020#comment-202102 Good article, MB. The employed should benefit tremendously from the current lack of inflation. Those who are classified as high-income wage earners will benefit more than others because the taxable limit for Social Security will remain steady at just over $100 grand and change in 2010. The downside is our current zero inflation rate is largely attributable to the negative GDP of the past several quarters. All things being equal, I think I would prefer a stable inflation rate of roughly 3%. (But I'm not complaining.) :-) Best, Len Len Penzo dot Com Good article, MB.

The employed should benefit tremendously from the current lack of inflation. Those who are classified as high-income wage earners will benefit more than others because the taxable limit for Social Security will remain steady at just over $100 grand and change in 2010.

The downside is our current zero inflation rate is largely attributable to the negative GDP of the past several quarters.

All things being equal, I think I would prefer a stable inflation rate of roughly 3%.

(But I’m not complaining.) :-)

Best,

Len
Len Penzo dot Com

]]> By: Paul Williams @ Provident Planning http://www.mightybargainhunter.com/2009/12/23/inflation-is-to-cart-as-cola-is-to-horse/comment-page-1/#comment-202068 Paul Williams @ Provident Planning Wed, 23 Dec 2009 17:23:30 +0000 http://www.mightybargainhunter.com/?p=2020#comment-202068 MBH, Great point! I always get so frustrated when I hear people complaining about this while they ignore the benefits of no inflation. Though I noticed for myself that a COLA often exceeds my own personal costs because I'm more frugal than the average person. So while general costs might go up, mine don't - meaning I have even more left over to save or give. MBH,

Great point! I always get so frustrated when I hear people complaining about this while they ignore the benefits of no inflation. Though I noticed for myself that a COLA often exceeds my own personal costs because I’m more frugal than the average person. So while general costs might go up, mine don’t – meaning I have even more left over to save or give.

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