[quote=AN][quote=flu](2) If you’re still mid-career in your 30-40ies and were planning an early retirement…Think twice.[/quote]
I’m one of those 30-40s who are planning an early retirement. If anything, this move by the fed to inflate asset prices will help me get to my goals easier. It would have been much harder if we’re in a long deflation period. If we see another bout of inflation like the 70s and 80s, my mortgage will look like peanuts, just like those who bought in the 70s or 80s. It will almost be like getting my house almost for free. Not to mention, if you have rentals with fixed rate, your PITI will stay fixed and when rent rises to match inflation, your ROI will be much more sweeter.[/quote]

How does inflating asset prices translate to inflating wages especially in our high unemployment globalized world. It’s certainly possible that the inflation shows up mostly in the commodities that we consume, leaving less for shelter. That’s always been the problem with the fed’s method. They can increase the money/credit supply but they can’t dictate where that inflation will show up. In the late 1990’s it showed up in the stock market in the mid 2000’s it showed up in housing. In order to win the fed’s money printing game you need to be invested in the next bubble and get out before it pops.