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The inflation has already happened, the price of daily commodities has not changed. You will still be able to buy a carton of milk at same prices. However the
by manquer 5y ago
The inflation has already happened, the price of daily commodities has not changed. You will still be able to buy a carton of milk at same prices.
However the price of assets like blue chip stock or a house has increased massively, we cannot really afford them anymore.
Today there is no way make back principal after even 30 years with returns/dividend on most blue chip stock or rent on a house you buy/invest in.
The returns are mostly based on the asset appreciating even more.
This wealth inflation has resulted in being priced out of housing or generate retirement savings etc and the wealth inequality has widened so much already.