Quote:
Originally Posted by Tyga11
I don't think [inflation is] that sticky. Housing is skewing inflation numbers.
I've posted this before but it doesn't really matter if eggs are $4.29 a dozen or $5.29 in the grand scheme of things.
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So, 1) don't buy a house right now or change your rental unit; and, 2) don't worry about food prices that are 10-30% higher than they were not so long ago while your income is lower, flat, or somewhat higher?
Most Americans can win at #1, especially given the generally low inventory available to home buyers.
For #2, however, read Kroger's 4th quarter earnings report to learn what Americans are choosing to do in response to significantly higher food prices.
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