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re: What do we think inflation is actually at?

Posted on 2/15/21 at 9:34 pm to
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 2/15/21 at 9:34 pm to
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 by TomRollTideRitter
Member since Aug 2016
12642 posts
Posted on 2/15/21 at 9:43 pm to
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 by rocket31
Member since Jan 2008
41819 posts
Posted on 2/15/21 at 10:32 pm to
which podcast did saylor make that comment
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