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Do any of you guys go food shopping?  It will open your eyes with high prices on everything.  It's not just trains.  You can't print an extra one trillion a year and not have inflation and we have been doing it for 4 yrs now with no end in sight.  

 

I am amazed that the prices are not even higher, especially on engines.  Boxcars are getting expensive.  Go to train shows and buy them used, that is what I do. 

Originally Posted by pennsydave:

Do any of you guys go food shopping?  It will open your eyes with high prices on everything.  It's not just trains.  You can't print an extra one trillion a year and not have inflation and we have been doing it for 4 yrs now with no end in sight.  

 

I am amazed that the prices are not even higher, especially on engines.  Boxcars are getting expensive.  Go to train shows and buy them used, that is what I do. 

Hate to introduce facts into the discussion, but the 5-year average of the CPI (1.9%) is at the lowest it has been since about 1967.  Monetary policy is not causing inflation at the moment.

 

The cost of getting stuff made in China has been increasing sharply, but that has more to do with China's internal markets.

You must have gone to some sort of big discount shows. That was a one time deal.

 

How many box cars are you actually going to purchase and run on tracks?

 

The prices are set because they can only produce and sell so many in a year's time.

 

There are roadnames to appeal to each corner of the USA. Pick one roadname, buy two roadnumbers and enjoy that.

 

 

http://www.atlastrainman.com/F...t/tmo40sldboxcar.htm

 

 

Andrew

"Hate to introduce facts into the discussion, but the 5-year average of the CPI (1.9%) is at the lowest it has been since about 1967.  Monetary policy is not causing inflation at the moment.

 

The cost of getting stuff made in China has been increasing sharply, but that has more to do with China's internal markets."

 

I disagree.   I have been told that in the 90s the government removed food and energy from the inflation calculations because "it was too volatile".   Well guess what, most of us seniors spend most of our budget on food and energy directly or indirectly.   Inflation because of the deflated dollar is rampant.   that is why the cost of stuff coming out china goes up.   It takes more dollars to equal the same number of yen.

The original concept of the Atlas O Trainman line was that it be affordable enough for a hobby shop to carry it in-stock and make a profit.  The operative words being "carry in-stock".

 

At this retail price point, I do not see how a hobby shop can afford to keep too much of this product "in-stock".  It basically has to be turned over just like any other product.

 

Right now, it's priced the same as most of the MTH Premier Line.  And, they're not supposed to be comparable.

 

Fred

Originally Posted by prrjim:

"Hate to introduce facts into the discussion, but the 5-year average of the CPI (1.9%) is at the lowest it has been since about 1967.  Monetary policy is not causing inflation at the moment.

 

The cost of getting stuff made in China has been increasing sharply, but that has more to do with China's internal markets."

 

I disagree.   I have been told that in the 90s the government removed food and energy from the inflation calculations because "it was too volatile".   Well guess what, most of us seniors spend most of our budget on food and energy directly or indirectly.   Inflation because of the deflated dollar is rampant.   that is why the cost of stuff coming out china goes up.   It takes more dollars to equal the same number of yen.

The CPI includes food and energy, and as I stated is very low by historic standards.

 

The Federal Reserve does favor "core inflation" - not including food and energy - as a long-term measure of inflation, because food and energy prices are extremely volatile compared to other items.  Changes in food and energy prices are least likely to reflect influence of monetary policy.

Professor Chaos is dead on.

Although the media portrays Fed policy as inflation inducing, that has absolutely not been the case. Food prices have risen for lots of reasons that have little to do with Fed policy. The Chinese Yuan was 13 to the dollar five or six years ago. Now it is less than half that.

As the Chinese currency changes, so do the prices these manufacturers have to pay and pass on to us.

 

If we are going to share opinions on economic issues, let's at least use the facts.

Professor Chaos knows his stuff. I know, I worked at the NY Fed for three years and focused much work on inflation.

 

Scrappy

Originally Posted by AMCDave:

When Industrial Rail stuff was made by UMD I bought them for $10 each.....now this was my buddys cost to his hobby shop..... but still why have these gone up at many times the rate of inflation?? The tooling was paid for in the 1990's ......

I have a few of their boxcars.They will roll with the best of them.Meaning boxcars maded by other companys.The most I paid for the cars was about $21.00.

If you continually bottom feed you can find motivated sellers. I went to a show in Lindenhurst a few weeks ago and found some NEW Weaver and several Atlas Trainman cars for $20 each.  Once you amass a collection then you can be very selective on your purchases. 

 

Interesting to see how the prices at York will be in April

Funny how this past weekend at the Merchantville, NJ O scale Train show, I just picked up a MIB Railking Scale N5c for $10.00 [Would have gotten the second one if Pete Trunk didn't grab it.]

 

Someone else was selling a NYC ACF Cylindrical hopper by Atlas O Masterline for $28.00.

 

You gotta think outside the box sometimes for some good deals!

Originally Posted by gnnpnut:
Originally Posted by Scrapiron Scher:

      
Professor Chaos is dead on.
Although the media portrays Fed policy as inflation inducing, that has absolutely not been the case. Food prices have risen for lots of reasons that have little to do with Fed policy. The Chinese Yuan was 13 to the dollar five or six years ago. Now it is less than half that.
As the Chinese currency changes, so do the prices these manufacturers have to pay and pass on to us.

If we are going to share opinions on economic issues, let's at least use the facts.
Professor Chaos knows his stuff. I know, I worked at the NY Fed for three years and focused much work on inflation.

Scrappy

       


Yes, Scrappy, lets share the facts.  I have been doing business in China for around 10 years, and I was shocked by your statement of US$1.00 = CNY 13 , as I never witnessed that. 

So, here is a link to a 10 year chart:

http://www.xe.com/currencychar...;to=CNY&view=10Y

10 years ago, it was more like US$1.00 = CNY 8.25
GNNPNUT
Originally Posted by Bob Young:

This looks like an opportunity to show my ignorance.  I have some older O scale Atlas boxcars, and some newer MTH Premier boxcars.  They are both 1/48 scale, and the detail is impressive.  Don't have any of the newer Trainman cars.

What is the big difference between Trainman and MTH Premier?

The Atlas Tman line is built to accurate 1/4 scale proportions W/H/L,[within reason] the level of detailing separates the Masterline from the Tman products most of the MTH and Lionel products are not as accurately dimensioned[the old mantra if its not O-27 it must be O Scale]. That is not to say there are not some nice models very close to scale from these importers. As far as the aftermarket is concerned the truth is plastic goes low if somebody wants to move it Weaver being at the bottom for most of there line[with the exception of there newer higher detailed line] most of the current O scale meets feature lots of plastic.

Originally Posted by Allan Miller:

Define "affordable."  What may not be affordable to me may very well be chump change to you or someone else.  It's relative only to one's individual circumstances (and hobby budget).

According to Merriam-Webster, affordable is defined as "being within the financial means of most people."


Key word:  most people.


There's another point to consider when talking about what's expensive to some and affordable to others.  While there certainly are those who are in a financial position to consider the Trainman line's current pricing "chump change,"  there are also those that may consider them "overpriced" regardless of their personal financial status.

Originally Posted by Bob Young:

This looks like an opportunity to show my ignorance.  I have some older O scale Atlas boxcars, and some newer MTH Premier boxcars.  They are both 1/48 scale, and the detail is impressive.  Don't have any of the newer Trainman cars.

What is the big difference between Trainman and MTH Premier?


I failed to restrict my question to 3-rail, so consider it done.

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