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re: I’m officially back where I started when Biden took office

Posted on 6/13/23 at 9:23 pm to
Posted by Big Scrub TX
Member since Dec 2013
33755 posts
Posted on 6/13/23 at 9:23 pm to
quote:

Uh, do you buy groceries? Gas for the car? Eat out in restaurants? Pay rent? How does it look trying to buy a house in 2023 compared to before?
My overall expenses are definitely not 33% higher than they were in Jan 2021. And the USD itself is a good bit stronger against other currencies over the same time period.

quote:

How does it look trying to buy a house in 2023 compared to before?
I could ask YOU how it looks to own one. Wages and a lot of assets are UP over the same time period.
Posted by Paddyshack
Land of the Free
Member since Sep 2015
8634 posts
Posted on 6/20/23 at 1:48 pm to
quote:

My overall expenses are definitely not 33% higher

Are they 15% higher? 20% higher? 25% higher?
Everyone's is grossly higher, you are not immune.

quote:

USD itself is a good bit stronger against other currencies over the same time period.

Because it is still the world reserve currency. That is the ONLY reason. Once this BRICS shite happens, the dollar will collapse as the excess dollars around the globe will all filter back to the one place where they are still accepted: the United States.

quote:

Wages and a lot of assets are UP over the same time period.


Real wages are down significantly.
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