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re: Inflation rises 7% over the past year, highest since 1982

Posted on 1/12/22 at 10:49 am to
Posted by UAinSOUTHAL
Mobile,AL
Member since Dec 2012
4843 posts
Posted on 1/12/22 at 10:49 am to
quote:

Yep we are screwed. I wasn’t alive during 1982 but how were they able to deflate the inflation then? Seems like the cat is out of the bag and we won’t be seeing any deflation of current prices


Well if you like 10-14% home and car loans you are in for a treat!
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51887 posts
Posted on 1/12/22 at 11:08 am to
quote:

Well if you like 10-14% home and car loans you are in for a treat!


That's frightening for people that will be looking to purchase homes in the next few years.
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