The article mentions rent as going up. It has been going down for a while now. In the Seattle area, I know several renters. Without exception, their rents have gone down 28% to 41%, and most without moving.
It also says the cost of jeans is going up. Has the author been to Walmart of Target lately? I just bought a nice pair of khakis for ten bucks at the Walmart. A few years ago I had to pay at least twenty.
Whats going up is education and healthcare, which of course are the sectors that Fedzilla pumps untold billions into.
My “basket of goods” includes “Zone” bars from
the diet food section. Walmart sold them for
$4.77 for a box of 5. Same for Target. Both
dropped the price to $4.33 for a couple weeks.
Walmart has raised the price to $5.33 over the
last 2 weeks. Target was still at $4.33 last Friday.
I’ll be stopping a Target on my trips to Idaho
Falls. The price spread for 5 boxes almost covers
the cost of gas to go there from Pocatello.