I was shopping in Dayton (that good enough for you?) and the malls are packed and the upscale restaurants (Flemings-—probably the most expensive steak house around-—and J. Alexanders) are packed. It does not help to deny the obvious. When they opened “outlet malls” (which in fact aren’t cheap) last fall, the traffic jam was backed up for 15 miles on I-75.
Huh. Well, can’t explain it. It’s not a good time to splurge. It appears that the previous recession is ending, but the inflation is coming as night follows day. Too much money floating around.
In fact, maybe that’s what you’re seeing - the first part of the inflation. There is a lot of cash, some people have it, they want to spend. Soon prices will rise to ration the sales. Then there won’t BE enough products.