8/14/2013 10:30 PM ET|
Where inflation sticks it to consumers
Higher costs for clothing
Women's clothing is notoriously more expensive than men's clothing. But in the past three years, the gap has been closing as price inflation in men's clothes -- and boys', too -- has outpaced the increase in women's items. While items like men's pants are up 10.4% over the period, the wider category of apparel and footwear is up just 6.4%.
Clothing generally is one of the leading inflation categories, and it's being led by what's happening in the men's department. Overall, apparel and footwear carry a weighting of less than 4% in the CPI calculation.
Stocks like Men's Warehouse (MW) have been benefiting from this.
VIDEO ON MSN MONEY
ABOLISH the FED!!!
Hey Zappy Zen
And YOU should at LEAST read a book about economics and stop relying on what you're TOLD by government shills. LOOK at what's happening to people around you for Christ's sake. And you should read an economic history of the USA in the 19th century. Prices were only 8% higher in 1913 than they were in 1790. In other words, what cost $1,000 in 1790 cost $1,080 in 1913. What cost $1,000 in 1914 NOW costs $23,700. THAT'S what the fed has done to the dollar. And YOU think that's OK?
One article says get ready for deflation and another guy in different article says get ready for inflation
I'm so confused. I know the price of tooth picks and plastic forks made in china haven't gone up.
But when I go to the gas station and supermarket they pick my pockets clean.
Uncle ben says there is no inflation so it must be true. His helicopter must get better mileage
then my car.
NOT a Tea partier. Just have eyes to see what's going on, and NOT ONE economist has the FAINTEST CLUE of what is happening to MOST people in this country. All they're doing is shilling for wall street and the government. The stock market IS NOT based on REALITY, and hasn't been since helicopter benny began his policy of F*CKING the average person. God forbid that the millionaires suffer for the consequences of THEIR actions. Their answer? "Why have the TAXPAYER bail us out of course."
Throw in median wages and inflation is way up. QE is unearned cash. It will bite the working, people with assets, and the savers.
Unfortunately, the so called job creators have paid for their unfair advantage and used their wealth to take an unfair share from the rest of through making their mass theft legal.
Okay guys this is how this works.
As wages are reduced, you do realize there are millions of illegals already working here for less than minimum wage, folks go into survival mode and buy less and less and then this snowballs to where less is sold so less is produced and/or imported. This puts pressure on costs because fewer are able to buy to where prices need to deflate to match up with reduced incomes. People are the consumers and as they make less they spend less. This is the result mainly of two factors, Free Trade and the allowing of 15 million illegal workers working for less and less just to survive, as they push down wages and push regular Americans out of jobs until they agree to work for less. You will never see a move to raise wages or curb illegal workers being hired. We are being busted by this corrupt political process and nobody seems to give a rats A$$. If folks do wake up they will be unable to organize as all communications are now monitored and the UN will send troops in to quell any social unrest at the behest of D.C. Most people educated in these Public Schools are so ill informed they deserve to starve. Voting in the same old same old corrupt representatives. Inflation will turn to deflation in the very near future. PERFECT!
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