Anyone Afraid Of Inflation?

[Up In Smoke]

So is homeowners insurance

Homeowners is easier to understand as home valuations are up as much as 50 percent in some markets. Our insurances haven't gone up nearly where the average is, so some markets are getting pounded. Buffet did remark that the insurance industry was in a strong financial position.

 

[IVE GOTTA PACKAGE 4U]

Homeowners is easier to understand as home valuations are up as much as 50 percent in some markets. Our insurances haven't gone up nearly where the average is, so some markets are getting pounded. Buffet did remark that the insurance industry was in a strong financial position.

Insurance has went through the roof
I was very fortunate that my homeowners and my car insurance only one up about 10 maybe 11%

 

[Up In Smoke]

We have a leasing company that owns our company vehicles and then we contract them out to ourselves. Our oldest vehicles are 2021 Yukons and we pay under $50 per month for full coverage with 500 deductible. We are getting sizeable multiple vehicle and loyalty discounts. Our yearly costs have only gone up a couple dollars per vehicle per month. Midwest is an affordable place to live.

 

[Over70irregs]

View attachment 475499

Car insurance is "driving" inflation.

They are coming after everyone no matter your status. Feeding on self.

 

[Over70irregs]

Insurance has went through the roof
I was very fortunate that my homeowners and my car insurance only one up about 10 maybe 11%

I called to state farm to complain then found out I was getting off cheaper…..

 

[IVE GOTTA PACKAGE 4U]

I called to state farm to complain then found out I was getting off cheaper…..

Doesn't matter who your company is they have went up dramatically across the board

 

[Over70irregs]

Pre-1983, mortgage costs were in the CPI as were car payments pre-1998. Now, price indexes do not include borrowing costs. Thus, when interest rates jumped last year, official inflation did not fully capture the effects it would have on consumer well-being…

We show that if we make an effort to reconstruct the CPI of Okun’s era—which would have had inflation peak last year around 18%, we are able to explain 70% of the gap in consumer sentiment we saw last year.”

 

[Wally]

Larry Summers: Inflation Much Worse Than Government Says

hotair.com

 

[BrownFlush]

 

[Over70irregs]

View attachment 476076

Weak $

 

[Wally]

Biden inflation not over...

The Fed projects higher interest rates, and higher inflation, for longer - Washington Examiner

The central bank has always predicted higher interest rates for longer, but now it predicts even higher inflation.

www.washingtonexaminer.com

 

[Over70irregs]

Hmm Inflation is international it seems. Especially in Argentina.

“The user decides to buy Bitcoin when they see the news that the currency is going up, while stablecoin is more pragmatic and many times used for transactional purposes, as a vehicle to make payments abroad.”

[The report says the US dollar has lost its appeal as a safe-haven asset over the past two months as Bitcoin’s dollar value rose by 60%, dwarfing the Argentine peso’s 10% gain against the greenback over the same period.

According to economist Nicolas Gadano, Argentines have around $200 billion in US currency savings, surpassed only by dollar holdings in the United States and Russia.

But the report says locals are now using their dollar savings and making investments to protect themselves from inflation.]

 

[Commercial Inside Release]

Argentina has been threatening to dollarize their country and drop their peso, since it lost about 850% of its value, versus the dollar. Under president Javier Milei, the push to dollarized peaked in December 2023. Much of the economy has already dollarized on its own already.

As mentioned before... The brunt of US inflation is carried by our trading partners, as the oversupply of US dollars drives their currencies into the dirt. Other than a basket of 4-6 currencies that are also powerful, the rest of the word has lost 28-70% of its value over the last ten years, and in some cases, 100+% destruction.

 

[Over70irregs]

Argentina is captured. https://www.coindesk.com/policy/202...k-bans-lenders-from-offering-crypto-services/

 

[Wally]

More inflation.

Inflation rose slightly to 2.5% in February in gauge preferred by Fed - Washington Examiner

Inflation ticked up to a 2.5% annual rate in February, as measured by the gauge favored by the Federal Reserve.

www.washingtonexaminer.com

 

[oldngray]

Biden Caught Again Overstating Job Growth in US | Joe Hoft

Biden is caught again overstating job growth in the US. The Biden/Obama gang cannot be trusted with anything. They lie, cheat, steal and kill. One thing that the Obama/Biden gang can never be trusted with is economic data...

joehoft.com

 

[Over70irregs]

Where is your voted administration on this timeline? I want to blame someone but keep having to throw stones in my tiny glass home .

 

[Wally]

A $100 grocery haul in 2019 costs almost $140 today — nearly 40 percent more for the same common items, causing consumers to “become creative to cope” with crippling inflation.

Analysis: Grocery Prices Nearing 40 Percent Higher Than In 2019

A $100 grocery haul in 2019 costs almost $140 today for the same common items, causing consumers to "become creative to cope."

www.breitbart.com

 

[Lineandinitial]

A $100 grocery haul in 2019 costs almost $140 today — nearly 40 percent more for the same common items, causing consumers to “become creative to cope” with crippling inflation.

Analysis: Grocery Prices Nearing 40 Percent Higher Than In 2019

A $100 grocery haul in 2019 costs almost $140 today for the same common items, causing consumers to "become creative to cope."

www.breitbart.com

Shoplifting crime is up.
Bidenomics creates crime.
FJB

 

[Thebrownblob]

Shoplifting crime is up.
Bidenomics creates crime.
FJB

Shoplifting at the 99 Cents store, we really hit rock-bottom .

Every single 99 Cents Only Store is closing because of inflation, retail theft 'and other macroeconomic headwinds'

"This was an extremely difficult decision and is not the outcome we expected or hoped to achieve," said interim CEO Mike Simoncic, who cited increasing "shrink."

fortune.com