Richard Duncan and Macro Economics
Money Tree Investing
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Are Used Car Prices Going to Be Fourty % Higher Next Year?
Headline c p i number, five point four % year on year. But if you compare the index level with where it was two years ago, it's just six % higher. Average inflation rate over the last two years is three % a year. That's hardly the sort of tor inflation that your austrian economist would have taught you to expect. So we've already moved past peqe demand. We're past the peak of credit growth. And demand is g to weaken from here. Just as we get over these domestic global bottle necks and semi conductors, ad and shipping, for instance, next year, we're going to be hit by a new wave of new and abundant
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