Originally posted by gaweidert
Has anybody noticed that we are undergoing pretty intense inflation. The cost to power and heat my house is up well over 60%. The twin pack of bread that we buy has increased from $2.79 to $5.89 (111%) in under a year. My property taxes are up 35%. Gasoline is up a 50% if not more etc, etc, etc. On top of this our state legislators are about to give themselves a 30% raise.
The cost of the camera did not go up. The value of our currencies has gone down.
Cameras are imported goods. The value of our currency--the U.S. dollar--has RISEN over the past year against most currencies, including the yen and the yuan. For example, year-over-year, the value of the dollar is up 16 percent versus the Japanese yen and almost 10 percent versus the Chinese yuan. Many of the imported electronics goods that I buy on a regular basis are actually cheaper now than they were a year ago. As for general consumer price inflation, the examples you give are cherry picked and are not a representative sample. U.S. consumer prices overall are up an average of 7.1 percent year-over-year.
The price of the KF is 46 percent higher than the current price of the K-70 based on street price, and is 31 percent higher based on the official retail price. This cannot be explained by changes in the value of our currency, by the rate of inflation for consumer electronics, or by the general rate of consumer inflation.