Three Companies That Are . . . Cutting Prices



Amazon (AMZN), Volkswagen (VLKPY) and Florida real estate developers are drastically dropping the prices of some of their key products. In a short video, Douglas McIntyre reveals which products are getting the biggest price cuts. Could these cuts be a sign that deflation is at work?

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frank1946

VW is now the largest Auto Mfg. in the World............not bad for a $ 800,000 investment by Gen. George Marshall in 1948 ! So what the Hell is wrong with all the others ? They have been outclassed by VW and the Germans !

November 11 2010 at 1:29 PM Report abuse rate up rate down Reply
frank1946

VW is now the largest Auto Mfg. in the World............not bad for a $ 800,000 investment by Gen. George Marshall in 1948 ! So what the Hell is wrong with all the others ? They have been outclassed by VW and the Germans !

November 11 2010 at 1:28 PM Report abuse rate up rate down Reply
frank1946

VW is now the largest Auto Mfg. in the World............not bad for a $ 800,000 investment by Gen. George Marshall in 1948 ! So what the Hell is wrong with all the others ? They have been outclassed by VW and the Germans !

November 11 2010 at 1:26 PM Report abuse +1 rate up rate down Reply
rc4560

nothing that could help a poor person, like we are going to buy a new house or car of gadgets lets get real

November 11 2010 at 12:51 PM Report abuse rate up rate down Reply
RonRuthNik

Hey, they can cut all they want, I've been horribly overworked & terribly underpaid for 3 years now. At least its SOMETHING in my favor. As economic depression or not, the price of gasoline is climbing again, do these financial rapist have no shame??????

November 08 2010 at 12:46 PM Report abuse +5 rate up rate down Reply
1 reply to RonRuthNik's comment
mawhinneyw

None from the middle east anyway.

November 11 2010 at 4:11 PM Report abuse rate up rate down Reply
JUDITH

These companies should be praised! The rest that don't should be labeled 'money grubbing hungry losers'. With 50% of US going without,and 30% just getting by...... The other 20% are the ones that say they are willing to pay those high prices just by purchasing the products so they set the high prices because they can afford them! Until everyone realizes that everyone must be part of the solution and not part of the problem, things will not change. However, these companies are trying to set an example, hope the rest follow.....

November 08 2010 at 12:03 PM Report abuse +5 rate up rate down Reply
bdscavenger4

the biggest enemy to america is inflation

November 08 2010 at 11:09 AM Report abuse +1 rate up rate down Reply
RMS

This is just the begining of price drops as Americans are not going to buy anything they don't need, and most people won't put any purchases on credit and pay cash from now on. Unfortunately, things we do have to pay like real estate taxes, food, and gas are all going up in a time when many people do not have jobs or are living with less or no income. I've been out of work for a year and have been living like a miser on a cash only basis. The bank already took my home, which is now worth almost half what I paid in 2004. I tried to stay in it, but Citibank didn't want to help me at all with refinancing or a short sale. The price of real estate is going to continue to drop as long as banks keep flooding the market with foreclosures and distress sales.

November 08 2010 at 11:04 AM Report abuse +7 rate up rate down Reply
2 replies to RMS's comment
mawhinneyw

I've watched and the banks won't deal as far as I can see. At least not with the people that are having to lose the homes.

November 11 2010 at 4:27 PM Report abuse rate up rate down Reply
George Karcher

Have you noticed food prises going up as well. In the last year they have doubled

November 11 2010 at 10:07 PM Report abuse +1 rate up rate down Reply
precherkid

excellent analysis, Douglas. Very much approve the understated delivery. so refreshing in this age of self-marketing hyperbole. Thanks

November 08 2010 at 10:49 AM Report abuse +1 rate up rate down Reply
pmurph2000

Of course deflation will continue as long as real estate prices continue to fall, and unemployment remains high. Bernacke is trying to cause inflation with QE2, which is printing money out of thin air, and it will cause inflation in commodity items like food and gas. (gee thanks Ben) But it won't help, because all that newly printed money goes to the banks who are investing it over seas where they can earn a higher interest rate. We need to END THE FED, and stop the creation of counterFED money!!!!!!!!!!!

November 08 2010 at 8:52 AM Report abuse +9 rate up rate down Reply
1 reply to pmurph2000's comment
George Karcher

What is really scary is that the rich people are getting scared

November 11 2010 at 10:11 PM Report abuse rate up rate down Reply