San Francisco Bay Area condo prices are the glaring exception. House Price Inflation in all its glory.
“Not only have the last two months seen supply shortages develop at a pace not previously seen in the survey’s history, but prices have also risen due to the imbalance of supply and demand.”
Rates for trucking, ocean containers, airfreight, parcels, you name it, the costs for shipping consumer & industrial goods are surging.
Seems, inflation prospects jangled some nerves today.
We may well see more of these types of charts cropping up for other markets that too went haywire this year.
Five reasons to “worry about faster inflation.” It’s “a greater danger precisely because it’s no longer perceived as such.”
And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
Retail prices of used cars & trucks spiked most since 1969 despite lower sales and plenty of supply. Wholesale prices, after biggest spike ever, are already falling.
She starts with a question about how my three-year-around-the-world trip changed the way I look at things. Interesting question because it did change the way I look at things (video).
A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation, as an alternative to QE and negative interest rates, which have failed (transcript of my podcast).