Comments on: Deflation, Inflation and the Beast I Won’t Buy

By: MikeKey

MikeKey — Wed, 23 Dec 2009 06:27:21 +0000

I am really hoping for someone who will rise up and stand up for a return to sound government principles and policies. And I hope that we get the Dems the hell out of Congress in 2010. The president is just the lining on the bird cage, the problem is people keep re-electing for life, the same families and sick politicians who tell us one thing and leave us with another.

But I digress. Oh, I did just buy an Audi A4, so it must of been tough sitting in a new one, every time I see those new S5 Audi’s, I just want one. But delayed gratification is my personal system. And I just waited and saved to trade my trusty old 92 Olds Bravada for a low milage 01 A4, I needed a reliable car to go along with the entrepreneurial ninja image I’m building, and I had to do it without being a poser, which meant, paid in cash.

I’m so glad I found your book and blog.

By: Interview With a Capitalist

Interview With a Capitalist — Tue, 15 Dec 2009 13:53:06 +0000

[...] a declining dollar and anemic capital markets. There’s huge uncertainty in our minds. (Read Deflation, Inflation and the Beast I Won’t Buy) For now, at Centratel there’s no hiring or infrastructure investing although our monthly grosses [...]

By: Gene Burke

Gene Burke — Fri, 04 Dec 2009 01:12:28 +0000

I recently had a stunningly similar new car experience as you reported on. The lease on my ‘06 Cadillac CTS was set to expire. I was really being pressured into buying/leasing a new car, but I also had the option to buy out the lease on my existing car. My internal struggles as to what to do were quite intense. The economy was also an issue for me, but moreso was the fact that any new car I got would depreciate by several $K the moment I drove it off the dealership.

Plus one of my “guiding principles” is that I take care of my stuff. Except for a door scratch, my ‘06 CTS was really in great shape and it truly still has all I want in such a car. I actually liked my car much better than the two test drives. I knew the dealer would make much money off of the resale.

Bottom line, I made the happiest decision I’ve made in awhile by sticking with the ‘06. The car saleswoman accused me of not being able to change. Maybe so, but the car is happy, and so am I. For the next year or two, I’ll get my moneys worth with this.

As for you, I really thought that you would go for the new one since writing such a check is now less of a challenge for you. But your advice for all of us on handling the current economy is much appreciated.

By: Socialism & Capitalism: The Systems Mindset Dissection

Socialism & Capitalism: The Systems Mindset Dissection — Wed, 02 Dec 2009 02:31:36 +0000

[...] bad, these actions make investors and business owners less apt to spend and hire (see my post, Deflation, Inflation and the The Beast I Won’t Buy.) And maybe this is a bit of a subjective conclusion, but few would dispute that corruption within [...]

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:49:14 +0000

Thanks Patrick. Best to you too.

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:48:49 +0000

Thanks Jerry. “Bewilderment” IS the word.

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:47:58 +0000

Lyle: 300K miles? Whoa. Same motor?

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:46:49 +0000

Thanks Ken. The next post will go deeper into the government and economic systems and how they interact. I compare North Korea and the U.S.

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:45:10 +0000

Japan sure has had the heck kicked out of it over the last 20 years…

By: Sam Carpenter

Sam Carpenter — Sun, 29 Nov 2009 19:44:17 +0000

I can’ty add to your comments, Louis, except maybe to say that your client’s response is more than common. People have to DO something for a change to happen.