Seems like we're on our way out of the credit crunch recession. The big question now is if there will be an even bigger "state crunch" as certain countries and states have accumulated so much debt there's no other way out than to print more money. 2011 will be an interesting year. In fact, this will be an interesting decade!
It's called inflation, print more money but keeping the number of goods the same then prices rise.
That's strange, because most of the people I know spent less this year than ever before. However, much more of it was spent online, which might be easier to track? Or perhaps the use of credit, rather than cash, makes it easier to track?
What have you purchased for Christmas and were you conscious about how much you were spending?
I purchased a video card (ati 5550) from microcenter and I chose it because it was around $100 dollars. I purchased it a few days after christmas since I got cash. I would have been more conscious if my phone was charged but I am enjoying my purchase.
Actually spent more on my kids than ever before, but less on myself. My wife didn't seem very conscious of it at all, though I cringed every time she returned home from the mall :)