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re: What do we think inflation is actually at?
Posted on 2/15/21 at 9:34 pm to Decisions
Posted on 2/15/21 at 9:34 pm to Decisions
quote:
What do we think inflation is actually at?
Saylor made a great point. Inflation depends who you are what you want to be.
If you want to be upper middle class or elite inflation is 20+% — look at the prices of stocks and desirable real estate / home building.
If you are poor to lower middle class then inflation is near zero as the Fed tells us it is. The price of Little Caesar’s, your cell phone plan, and Netflix aren’t changing much.
K shape in recovery and inflation
This post was edited on 2/15/21 at 9:37 pm
Posted on 2/15/21 at 9:43 pm to maclauer
quote:
If you want to be upper middle class or elite inflation is 20+% — look at the prices of stocks and desirable real estate / home building.
This. I make around $80K at 24, and I feel stress that I should be buying a house now because the prices rise over a percent every month it seems.
I should feel financially secure but don't because of rising asset prices.
Posted on 2/15/21 at 10:32 pm to maclauer
which podcast did saylor make that comment
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