The main thing I see is the price of groceries going up. Gas is down and in our area property taxes are down and just went down again. The price of real estate is cheap.
I think we are in a deflationary cycle. With 7 years of stimulous stimulous stimulous, print, print, print we should be in hyper inflation by now. We are not.
If they raise rates watch the stock market tank. Then they will have to lower again. I’ll be shocked if the Fed actually does it.
Gas is up from its low in 2007-2009.
That’s interesting. I have never seen my property taxes go down. Never.
It is weird because some things are deflationary, but others are inflationary. Note that anything Government touches (taxes, health care, education) are Inflationary.