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To: PeterPrinciple
We have tremendous inflation.

We have tremendous inflation in what exactly?
Where is the inflation at?

37 posted on 07/06/2020 4:47:36 PM PDT by SmokingJoe
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To: SmokingJoe

The Chapwood index shows about a 10% annual inflation rate over the past 5 years. Whether this figure qualifies as “tremendous” is up for debate.

https://chapwoodindex.com/


39 posted on 07/06/2020 4:57:40 PM PDT by bkopto
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To: SmokingJoe

We have tremendous inflation in what exactly?
Where is the inflation at?


I don’t know where you live

real estate
stocks
food
utilities

Everytime I go into the hardware store I can point at something and say it was half that price 6 years ago.


50 posted on 07/06/2020 6:08:17 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SmokingJoe

We have tremendous inflation in what exactly?
Where is the inflation at?


What I tried to say in the initial post is the when people talk about inflation that does not mean EVERTHING. It depends where you look. It might be certain items and might be certain regions.

We have lived quite a while with the mantra, “wait, and the price will go down.” That has changed, now it is buy it now while you still and before the price goes up.

It takes a while for our mind to catch up to what is happening NOW, we tend to live in the past.


54 posted on 07/06/2020 6:20:53 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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