rScotty
Super Member
- Joined
- Apr 21, 2001
- Messages
- 9,504
- Location
- Rural mountains - Colorado
- Tractor
- Kubota M59, JD530, JD310SG. Restoring Yanmar YM165D
There is inflation and there is the cost of consumer goods. Very different things - inflation steals away money while it is invested, and consumer prices steal it away when it is spent. But both steal it away.That’s more like what I am seeing. I have some accounts up as high as 35%, most in the upper 20’s. Heck even gold is up like 29%.
That is great, but inflation steals away investment money.
Balancing a 30% increase - or any increase - in investment value requires that production of everything from wheat, oil, education, tractors, goods, and housing has to increase by more than that much. And also requires that consumers are willing to pay those higher prices.
That's probably not going to happen. So what happens then?
rScotty