We’re seeing the same things you are. Could this be the “inflation” so many have been anticipating? Is it the result of the Fed/govt flooding the market with trillions of dollars that were meant specifically to prop up asset prices? Don’t forget about the “cash for clunkers” which was meant to reduce the number of used cars in the market so that new cars (and the remaining used ones) could be priced higher.
It is all a game of asset price inflation. Wish they could figure out a way to inflate wages! Who knows how long they can continue this charade…
