Inflation

anthony cheeseboro

anthony cheeseboro

Joined
Aug 8, 1999
Messages
5,094
I was checking out knives this week, and prices are really going up. I noticed that even a basic knife like a Delica is running close to $70 after taxes now. I think I am coming very close to my limit and I may have to call collecting quits.
 
Honestly, once you start using
Midtechs, one for 70 becomes damn near a throw- away. But if midtechs go up again, then I'll shed a single tear.
 
Back in the day they used to tell us there's no inflation, and that was before they changed all the ways they measure it. ;)
 
Inflation wouldn't be so bad if wages are increased to match the changes in nominal cost of living, but we also have to deal with a lousy exchange rate from a weak dollar.
 
i heard inflation is something like 3% devaluation of USD per year? that's gotta add up. I feel like a few years ago, you could get a delica for under 50 bucks, is that just me or am I remembering correctly?
 
Yes, gas prices are the truest indicator of inflation there is.

I have slowed down on my knife collecting because I am at the point of having enough knives that when I get ready for the day, deciding what to EDC takes some time.

That said there are still a lot of great designs available now that weren't around just a few years ago.
 
The inflation computation is bogus. It includes housing, and housing has dropped in value.
The Yen has gone way up. It used to be about 120/dollar, and it is now less than 80 per dollar.
This raised the cost of anything from Japan, and the VG10 knives come from Japan.
 
GCG199 said:
Yes, gas prices are the truest indicator of inflation there is.

I have slowed down on my knife collecting because I am at the point of having enough knives that when I get ready for the day, deciding what to EDC takes some time.

That said there are still a lot of great designs available now that weren't around just a few years ago.
Click to expand...

The category of gas inflation has very little to do with inflation of anything else; this is because of that nice little premium oil companies like to add on there.

But on the subject of the delica in particular, i think it would still sell well at 80, i mean hell with spydervos warranty its a hell of a knife even for 70 bucks.
 
My Dad gave me my first knife almost 46 years ago. It's hard to walk away from a lifelong habit, but inflation changes things. Heck, the doctor could never stop me from eating potato chips, but at $4 a bag, I have no problem walking away from them now!:D

That is the way I feel about knives. I probably will pick up maybe another three, and seriously have to walk away for good.
 
I agree.

I keep an Excel spreadsheet on all the knives I’ve owned, past, present, sold, gifted, whatever. I only list the knives that I have bought in the last 10 years or so.
One column lists price paid and the adjacent column shows current average retail. The prices have really gone up in the last couple years. Many knives on my personal Excel list have gone up 20-30% or more from what I paid originally. I’m talking about 2 years difference or less.

I just bought 4 knives that I've wanted for a while, (before they go even higher), but I think that's about it for me too. Knives are a luxury item, gas and food are necessities. My disposable income is going down not up.
 
Hell, whatever the reason, a knife costs what it costs. You can argue and debate economics with the guy behind the knife counter all day, but he ain't gonna lower the price.

Inflation, de-flation, de-valuation, call it what you want. It all boils down to one thing "You're screwed".
 
If you keep focused price isn't a big deal, really special knives only come around so often. If you know what you want it's not hard to hold back and just pick out the ones you really like.

Who can EDC more than five knives anyway? (Ok I've managed seven, but that's pushing it.)

Oh, and sell off the stuff you don't use, you will be happier with the stuff you do have.
 
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