The government printed a LOT of money and its finally come home to roost. Obamacare tripled medical insurance rates at least. Trips to Costco now cost $500 instead of $250 before the pandemic.

All people need to do is visit their grocery store to see that they should vote for Trump to at least slow down the race to socialism. He isn't the very best to corral government, but is the best this time around.

One of the reasons I despise buying real estate is that the buyer pays rent
forever and is only a slave to the actual owner, the state. (Not even
accounting for the debt enslavement to the banking cartel that creates fiat
from nothing and charges interest as if the loan was made from the bankers'
earned investments.) Then when the property is sold the state demands
(steals) additional payment of taxes on the inflated price that in reality
is just a decline in the purchasing power of the fiat currency.
It is little more than debt slavery and tax slavery and the ultimate
con game by a gang of thieves.

One of the reasons I like buying real estate as a hedge against inflation.

Thanks. I'm hoping some day to write a book on how to do pony rides, and "What about escapes?" should be one of the chapters. Ours mostly don't.

Badly behaved ponies often were trained by children, rewarded for doing wrong and punished for doing good. That's umop episdn from the right way. Kids mostly do not understand training.

yep, and lets assume you sell some assets that were INFLATED like that. It's all capital gains baby. Go pay taxes on that money.

Good luck trying to write-off all of the expenses you had on that property. Insurance? NOPE. Repairs and Maintenance? Upgrades? (Well, they want just 1 MORE piece of paper than you can find, but routine maintenance. Not a chance).

It's all fraudulent.

you too!!!

late wife and i did pony rides!!!
almost 30 years ago now

those little monsters (the ponies, not the kids) were very good at escaping past fences!!

We used to do pony rides for parties for $90 thirty years ago. We now do them for $500. OUR PRICES ARE NOT HIGH ENOUGH. The bag of hoss feed that used to be $2 is now $22.

If I'm not close enough to get your kids a pony ride, find someone who is. Ponies everywhere are still paying off their credit cards from having suffered through the unemployment of 2020, with No Birthday Parties.

Yep! Alan Greenspan said the same thing in an economics course (by tape) that he gave, I think for NBI. Perhaps it's still available.

With an end result of a new Surf Class bowing to their every demand.

Quit Calling it Inflation and Call it what it is.
……………..Devaluing the Dollar……………..
The government keeps printing money making Your Money and Your Savings worth less than Toilet Paper.
In 1971 when the dollar was removed from the gold standard there was approximately 60 billion dollars in circulation. Now there is 2,345 Billion Dollars in Circulation, Backed by Nothing, thus reducing the buying value of your dollar by 88%.
After Removing the Gold Standard your money is just Paper and They keep Printing, Spending and Giving it Away while you go Broke.

I don't want to publicly specify actual dollar values, but sure, a factor of ten over 30 years, no problem.

We paid $145,000 for our house in 2012. It is now worth $705,000

LOL
thanks!!
they were left leaning back then, but would still poke at democrats

Aykroyd's best line on SNL:
https://www.youtube.com/clip/UgkxagY-...
Your earlier post unveils another good one, too:
https://www.youtube.com/watch?v=ABvu0...

i still remember the "Pepsi Syndrome" skit they did back then

i believe Dan Akroyd was carter in both skits

Today SNL wouldn't even think of offending their comrades in D.C. with such disinformation.

i remember skit back when carter was in office, from SNL i think

"carter" was talking how nice inflation would be
we'd all have million dollar homes
smoke $10 cigars

was quite good sarcasm