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> Well its nearly 2023, and we have had 10%-ish inflation going on about 2 years. Are you not in the US? We haven't even had 10% inflation for all of the past
by billjings 4y ago
> Well its nearly 2023, and we have had 10%-ish inflation going on about 2 years.
Are you not in the US? We haven't even had 10% inflation for all of the past year.
- steveBK123 4y agoSimilarly for watches, luxury watches basically doubled during the pandemic in pricing before crashing from their springtime 2022 peak. Still +40% versus pre-pandemic levels. https://watchcharts.com/watches/brand_index/rolex https://watchcharts.com/watches/brand_index/rolex
- steveBK123 4y agoParticularly for cars, and especially used cars.. inflation was >10% for >1 year, before turning over ~3-4 months ago. https://publish.manheim.com/content/dam/consulting/ManheimUsedVehicleValueIndex-LineGraph.png https://publish.manheim.com/content/dam/consulting/ManheimUs...
- billjings 4y agoThat's not inflation. That's two cherry picked product categories. One of which is a luxury good.