Exactly right. I think people are financially ignorant enough to think prices will decline to where they were when this started. They won’t. People just don’t understand velocity and acceleration.
If we have another year at 20% then 15% then 10%, prices will end up 1.2 x 1.15 x 1.10 = 1.5 — FIFTY PERCENT higher than they are today.
Us retirees are so happy that Biden & Co. have needlessly destroyed our life savings and our old age. Klaus, Joe and all the other bastards wanted to screw the middle class and they sure used COVID to do it. But at least we got our $1,200 COVID checks.
Bttt