Hyperdeflation Has Begun

Hyperdeflation has begun, here is an example- check link. Be sure to use the scroll bar at the bottom for more prices.

www.kmart.com... 1&prdNo=1

These were just reduced today

[edit on 28-8-2010 by prophecywatcher]

The Weslo Pro 10.8X Recumbent Exercise Cycle was originally priced at $259.99 and is now $42.25 I think the end is near. Thee end...of obesity. Seriously, what's the point of this thread?

Honestly, have you ever seen one for that low of a price?

reply to post by prophecywatcher


Have you ever seen a treadmill that was $359.00, I think it was, marked down to $59.00 new?

could just be last years models and they have to clear it out to bring in the new ones wih the built in fridges and microwaves

reply to post by prophecywatcher


Just like one fuzzy orb of light on a cellphone camera is not proof of an alien conspiracy; this is not proof of anything. "HyperDEflation" would require a myriad of factors to come together to revalue the dollar. None of those factors have been met.

Walmart does the same thing. It works like this:

The buyers of K-mart bought so many thousand of these bikes from the manufacturer. They sold enough of them to make the money back plus turn tidy profit. The bikes that are left over are pure profit. They need floor space for something else they got a deal on and its best to blow them out. They are not losing a dime but still making money selling them way less than what they bought them for because they already made profit plus on the others they sold.

All too easy.

reply to post by eNumbra


You'e right this is just one example, I will continue to look for others to see if this is really what is happening. But the financial news has not been good lately, especially within the last couple of days.

reply to post by LoneGunMan


I know that they tried to run several different sales to push these same items, and they just wouldn't go. They even tried a half price one day only sale, with no buyers.

Other items not.
I just checked MP3 players....Same price as last year.

reply to post by OhZone


Yeah, I know, but this could be the start of it. Who knows MP3's could be next.

It seems like the pages is down, so you might not be able to access the link. To sum it up there was a $359.00 treadmill marked down to $57.00 and a $269.00 exercise bike marked down to $42.45. There was also a $169.00 one marked down to $29.00. Clearing inventory or price deflation?

Originally posted by prophecywatcher
Clearing inventory or price deflation?

Or a listing mistake.

Your optimism is adorable but you are not seeing deflation, hyper or otherwise.

[edit on 8/28/2010 by eNumbra]

I would believe in all the small things little angels say and do. Why have millions of dollars to buy a loaf of bread when it should only take fractions of cent?

[edit on 28-8-2010 by ben91069]

reply to post by eNumbra


I actually called them, and it isn't a mistake. In fact there are at least three items on that page that are marked way down.

Originally posted by prophecywatcher
reply to post by eNumbra

 

I actually called them, and it isn't a mistake.

So then why was the page removed?

It's basic seasonal factors. People aren't going to use treadmills at this time of year because they can run outside in the lovely Summer weather. Plus they need to clear floorspace for the Halloween/Christmas displays which will shortly be coming. So they need to get rid of this excess stock quickly.

Come January, after we've all put on weight over the festivities, they'll be back on display again at their usual price ... and they'll shift tons of them.

reply to post by LeBombDiggity


That doesn't make sense because they were just reduced today and the summer season is officially over. It seems like they would keep the price up for Christmas, and they already have a seasonal department.

reply to post by eNumbra


The page wasn't removed. People got wind of the low prices and probably bogged down the system.

This is an example of what would happen when hyperdeflation hits. But on a much larger scale of course and something I will continue to watch for.

See what you want to see.

I'm done here.