[quote=SD Realtor]I had posted awhile back that we were indeed seeing inflation all around us, especially in food prices. Some other posters out there did not seem to feel the same way and pointed out how certain items have gotten cheaper. I do agree that this is true but I cannot feed my kids a cell phone plan with unlimited minutes.[/quote]
Yep!
And why does nobody look at asset price appreciation/INFLATION: stocks, bonds (including mortgages), gold, houses, etc…ALL UP by tremendous percentages over the past two years! People think that the prices seen during the “financial crisis” were an anomaly, but those were the TRUE, fundamental prices for things, absent the pricing pressure caused by unsustainable debt.
Inflation is everywhere, and has been for the past two years, and those who don’t see it are certainly not paying attention.
