NYC Apt rents since 2011
https://www.google.com/amp/s/www.rentjungle.com/average-rent-in-new-york-rent-trends/amp
https://www.google.com/amp/s/www.rentjungle.com/average-rent-in-new-york-rent-trends/amp
Inflation - Prices are going up!
- Thread starter kmiklas
- Start date
%% TrUe;
+ plenty of stuff is going down like [some] timber, WSJ special offers, IBD special offers/free trials,ammo, eggs, ammo,taxes, ammo.
Guns + REALTY + Stocks may go up [long term]but that's good. AND i buy ''FOREVER ''stamps mostly, so the cost is fixed-somewhat. BUt the stamp dealers do ''jack Up '' old used stamps LOL -LOL
Eggs, retail ,did UP trend but still down to $1.00/dozen ;up from $00.70/dozen= big deal My pet hens give me free eggs if you feed them/free range also.Hamburgers are up but T bones are down .............................................................................................[retail]
. Looks pretty stable to me. No significant increase since 2015. I am not saying inflation is a myth but it is completely blown out of proportion by many pundits. And after all this is one item in a basket of hundreds of items that make up inflation baskets and in one single city. San Francisco is another anomaly for valid reasons.
Is that your hedge against inflation? Not bad. There was recently a 10% increase in the price of the stamps.
@dozu888
Yes, what you say is technically true. However, I would argue that the things people mostly "need" -- like housing, health care, education, QUALITY FOOD (not processed stuff or factory farmed crap) is skyrocketing. No doubt, the cost of non-essentials was brought way down with globalization trends over the past few decades. Overall it's highly regressive in nature to claim that there's no (or negative) inflation when the prices of "needs" increased, but is far outpaced by the decline in prices of "wants". In my mind, it's comical for the Fed to be contemplating lowering interest rates at these levels... But hey, it's not my decision -- except for me to avoid any fixed income (or fixed-income/bond-like) investments at these levels.
"Let them eat iPads."
https://www.cultofmac.com/85778/federal-reserve-president-criticized-for-let-them-eat-ipad-comment/
Yes, what you say is technically true. However, I would argue that the things people mostly "need" -- like housing, health care, education, QUALITY FOOD (not processed stuff or factory farmed crap) is skyrocketing. No doubt, the cost of non-essentials was brought way down with globalization trends over the past few decades. Overall it's highly regressive in nature to claim that there's no (or negative) inflation when the prices of "needs" increased, but is far outpaced by the decline in prices of "wants". In my mind, it's comical for the Fed to be contemplating lowering interest rates at these levels... But hey, it's not my decision -- except for me to avoid any fixed income (or fixed-income/bond-like) investments at these levels.
"Let them eat iPads."
https://www.cultofmac.com/85778/federal-reserve-president-criticized-for-let-them-eat-ipad-comment/
%%
That/partly. Mr M Webster[dictionary king] said ''stocks are an inflation hedge.'' ETFs[ basket of stocks] = even better.
I really paid UP, on a % basis, to a stamp dealer for some[used] 1976-1776 US stamps+ gave some away.
But thats OK; i never, never confused health care with insurance or got on the ''ACA TRAINWRECK''=======================================================================================
And like, as far as college costs ; no wonder Mark Zukerberg+ Bill Gates/MSFT quit college.
, I'd say the CPI is about 70% accurate... as the government does have the incentive to fudge this to keep the cost down for a lot of programs that have to pay out adjusted to the CPI.
that said.... this should never be a problem for young/middle aged folks... heck, in the current environment this should apply to all ages as the bonds have already been bid up to ridiculous levels...
you've got equities dirt cheap compared to bonds, and also are a natural hedge against inflation... what are people waiting for.
DOW 40000.