Quote:
Originally Posted by jdulej
I don't really see it. There are supply chain issues with major ports backed up that will cause temporary price jumps. Like lumber earlier in the year - now ancient history.
2-4 % inflation is normal, we just have not seen it for a while because of the very accommodating fed.
Look for a nice hefty jump in your Social Security check starting in Jan as well.
Relax
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Are we going to believe the "nothing to see here" crowd or our own lying eyes? We've all been experiencing inflation, which is a at 6% and that's probably a conservative estimate. We have all encountered shortages of goods at stores or rationing, higher gas prices, higher costs at restaurants, grocery stores/retail, etc.
There's still a noticeable shortage of workers at most retail and service-related businesses. Costs to remodel or improve your home and construction costs in general are very high and continuing to climb despite your claim about lumber prices. Let alone getting labor to do the jobs. And you can't even buy some things like new cars, golf carts, boats etc. and used prices for these things have skyrocketed. You wanna talk about supply chain issues? The real fun has just begun, there's more misery on the horizon.