Well, I can confirm the increase in price of used cars. So much so that it's now better to buy new.
Well, I can confirm the increase in price of used cars. So much so that it's now better to buy new.
That's not inflation. That's supply and demand.
Supply and demand also drive inflation. Temporarily, but it does, and that's what you'll see here as we come out of the pandemic into more normalcy.
There will be a period where demand will far outpace supply (already seen in a number of areas like certain electronics), and so prices will go up temporarily.
But this was expected to happen post-pandemic, so nothing really new there. It would be actually worse if we didn't see this, as it would mean the economy is not heating up.
You don't think adding trillions of dollars to the money supply won't increase the price of things? Look at the price of housing, food, gas, cars, almost everything.
Great job Trump
You didn’t seem to mind when Trump passed a $3 trillion that included tons of stupid unnecessary corporate giveaways.
I fear fighter jets & being nuked Under Biden.
Yes I do think that, it's the literal definition of inflation. I'm saying the costs you're seeing for cars aren't due to an influx of money in the market, they're due to a pandemic stalling production.
Gas prices are recovering from artificial lows. Y'all need to quit expecting gas to stay at $1.99/gallon in perpetuity.
Specifically the chips in them thanks to record demand for the last year and a half
But why are gas prices rising now that people are commuting to work and taking road trips again?
"under Biden" ? ducks sucks is an ignorant mofo. Biden doesn't cause inflation
OTOH
"under Trash" 600K dead and still dying. Trash did cause 100Ks of unnecessary deaths and financial disaster.
Me too, Dale.
LOL at the thought of a President being able to cause inflation (or high oil prices, or really any significant economic changes) only a half year into office.
Uh, uh...none of that crapola...
Trump: 400k in a year.
Biden: 225k in less than six months.
Let us proceed...
Oh, yeah, SfS, I LOL every time I pay a dollar more a gallon under mother er Biden than I did under President Trump.
Like you go anywhere. Tee hee.
I mean who isn't afraid of inflation?
Bend over, I'll ing make you afraid of inflation.
and you fear Madonna.
Damn rights.
Damn, you're full of piss & vinegar of a Friday morning, SfS.
Bend over, I'll ing fill you full of piss and vinegar.
But really...you don't go anywhere. Right?
No, I'm close to recluse.
That's not true, don't you go your mother every Sunday?
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