Low Price on 2001 Royal XLII

[garyde]

Its only an effect of deflation, supply and demand. Deflation is basically prices moving downward. What has been occuring for the last two years has been a decline in purchasing because of values retreating.
You can argue that for the last 6 or 8 years prices were getting out of whack and we are now going thru an adjustment.
People wait to purchase until they see proof prices will no longer go down. So, unless a person has a need to purchase, he waits.
Now, the pendulum has swung too far the other way and prices are real cheap for certain products.
Here is a link regarding deflation:
http://en.wikipedia.org/wiki/Deflation

[flyu2there]

"In economics, deflation refers to a general reduction in the level of prices below zero percent year-on-year inflation. Deflation should not be confused with a temporary fall in prices; instead, it is a sustained fall in prices that occurs when the inflation rate passes down below zero percent."

Last year the US economy inflated at 3.85%, the highest level in 10 years and that's if you believe the pundits who publish the data, in any case that number certainly appears to be watered down! While inflation thus far this year has been very low, the government printing presses runnning 24/7 are soon to change all of that. It is already happening at the fuel pump, the grocery store, even to the tax man.......... The greater worry is something that has been appropriately named, stag-flation. http://en.wikipedia.org/wiki/Stagflation

Not that any of this directly relates to today's price for a Prevost, in a way it does. Thus far we have seen supply side economics working, supply simply outstrips demand....prices fall especially on items that are non essential or luxury in nature. Busses, boats, vacation homes, airplanes, trips overseas....even the poor dentist....hey, they are all down. Let's hope this is a short lived event, now I'll go back to reading Ayn Rand

[pwf252]

"In economics, deflation refers to a general reduction in the level of prices below zero percent year-on-year inflation. Deflation should not be confused with a temporary fall in prices; instead, it is a sustained fall in prices that occurs when the inflation rate passes down below zero percent."

Last year the US economy inflated at 3.85%, the highest level in 10 years and that's if you believe the pundits who publish the data, in any case that number certainly appears to be watered down! While inflation thus far this year has been very low, the government printing presses runnning 24/7 are soon to change all of that. It is already happening at the fuel pump, the grocery store, even to the tax man.......... The greater worry is something that has been appropriately named, stag-flation. http://en.wikipedia.org/wiki/Stagflation

Not that any of this directly relates to today's price for a Prevost, in a way it does. Thus far we have seen supply side economics working, supply simply outstrips demand....prices fall especially on items that are non essential or luxury in nature. Busses, boats, vacation homes, airplanes, trips overseas....even the poor dentist....hey, they are all down. Let's hope this is a short lived event, now I'll go back to reading Ayn Rand

Oh to find that valley!!!!!!!!!!!!!!