Re: Hope inflation numbers are correct
[Re: jbyrd63]
#8604553
15 hours ago
15 hours ago
|
Joined: Jan 2008
Alaska and Washington State
waggler
trapper
|
trapper
Joined: Jan 2008
Alaska and Washington State
|
I think the whole economic situation is now out of the control of any of the political parties. It's going to get interesting. I don't think that the real players/manipulators ever imagined the fall of the petro-dollar.
"My life is better than your vacation"
|
|
|
Re: Hope inflation numbers are correct
[Re: charles]
#8604598
10 hours ago
10 hours ago
|
Joined: Feb 2020
Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Indiana
|
Might help our Social Security and/or military pensions next year. May get social security a temporary increase in cost of living. But unless they get more funds into it they will just speed uo it going in solvent faster triggering an 11% cut automatically. Last I saw its got about 7 years left. Depe on age and health it may not effect everyone currently on it if they die befor then. But I believe that would be a larger concern if I was depending on it than next year's raise. And yes its something im greatly conserned about being afraid of becoming disabled due to MS. Fingers crossed I dont but im geting more bad days more often. So...
|
|
|
Re: Hope inflation numbers are correct
[Re: jbyrd63]
#8604602
9 hours ago
9 hours ago
|
Joined: Dec 2011
MT
snowy
trapper
|
trapper
Joined: Dec 2011
MT
|
Short term (2026):
Inflation likely stays above 3%, driven by energy and geopolitical instability.
Fed is cautious and unlikely to cut rates until late 2026.
Medium term (2027–2028):
Most forecasts converge on inflation returning near 2% as energy markets normalize and supply chains stabilize.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: Hope inflation numbers are correct
[Re: jbyrd63]
#8604603
9 hours ago
9 hours ago
|
Joined: Feb 2011
alberta
spjones
trapper
|
trapper
Joined: Feb 2011
alberta
|
It’s a trap,,,,,, ![[Linked Image]](https://trapperman.com/forum/attachments/usergals/2026/04/full-20026-291848-img_3454.png) Meaning your money is going to continue to be inflated away,,,
Last edited by spjones; 9 hours ago.
|
|
|
Re: Hope inflation numbers are correct
[Re: spjones]
#8604613
9 hours ago
9 hours ago
|
Joined: Sep 2008
NC
bowhunter27295
trapper
|
trapper
Joined: Sep 2008
NC
|
LOL!! That is funny. Mr. Mises was a smart dude.
Shame we can't decide to all live within our means.
How many lies will people believe before they realize their own idiocy?
|
|
|
Re: Hope inflation numbers are correct
[Re: spjones]
#8604616
9 hours ago
9 hours ago
|
Joined: Feb 2020
Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Indiana
|
It’s a trap,,,,,, ![[Linked Image]](https://trapperman.com/forum/attachments/usergals/2026/04/full-20026-291848-img_3454.png) Meaning your money is going to continue to be inflated away,,, Solution- buy assets , asset prices will rise along with inflation. Cash will continue to loose purchasing power
|
|
|
Re: Hope inflation numbers are correct
[Re: bowhunter27295]
#8604618
9 hours ago
9 hours ago
|
Joined: Feb 2020
Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Indiana
|
LOL!! That is funny. Mr. Mises was a smart dude.
Shame we can't decide to all live within our means. Living within your means continue to get more difficult for people' taht dont have an income that he increases at or above the inflation rate.
|
|
|
Re: Hope inflation numbers are correct
[Re: Providence Farm]
#8604695
6 hours ago
6 hours ago
|
Joined: Oct 2016
Michigan
BigBlackBirds
trapper
|
trapper
Joined: Oct 2016
Michigan
|
Solution- buy assets , asset prices will rise along with inflation. Cash will continue to loose purchasing power [/quote] too bad it isnt that simple. many asset prices will rise but we are still going to left behind as the value is actually eroded away
|
|
|
Re: Hope inflation numbers are correct
[Re: bblwi]
#8604741
4 hours ago
4 hours ago
|
Joined: May 2011
Oakland, MS
yotetrapper30
trapper
|
trapper
Joined: May 2011
Oakland, MS
|
It is OK to suggest that people or families buy assets, but that does show a lack of understanding where 50% or more of our country lies, financiallly. This group is not using or can't afford to invest in retirement or investments and a vast majority can't afford to purchase homes, even if they were available, as the price range is propped up by very high construction costs and the minority that is financially able to bid up the prices on the available homes. We still see a lot of buying and spending of money but the vast majority of that is on consumables and there is more debt on those items also. With new job creation at a quite low levels the younger work force is facing even more stress in establishing a plan and program for living and preparing for families and retirement. I don't like aging, getting stiffer, finding more and more health issues as I age, but sometimes one can be born at the right time.
Bryce But I bet they ALL drive a 2020 or newer vehicle, own multiple state-of-the-art cell phones per family, have multiple tattoos, and stop at Starbucks every day. No way do I believe that 50% of the country cannot afford to invest. They choose not to....
Gotta find a way, a better way, I'd better wait
Just because you're paranoid doesn't mean they're not after you
|
|
|
Re: Hope inflation numbers are correct
[Re: yotetrapper30]
#8604754
2 hours ago
2 hours ago
|
Joined: May 2019
Saskatchewan
rvsask
trapper
|
trapper
Joined: May 2019
Saskatchewan
|
It is OK to suggest that people or families buy assets, but that does show a lack of understanding where 50% or more of our country lies, financiallly. This group is not using or can't afford to invest in retirement or investments and a vast majority can't afford to purchase homes, even if they were available, as the price range is propped up by very high construction costs and the minority that is financially able to bid up the prices on the available homes. We still see a lot of buying and spending of money but the vast majority of that is on consumables and there is more debt on those items also. With new job creation at a quite low levels the younger work force is facing even more stress in establishing a plan and program for living and preparing for families and retirement. I don't like aging, getting stiffer, finding more and more health issues as I age, but sometimes one can be born at the right time.
Bryce But I bet they ALL drive a 2020 or newer vehicle, own multiple state-of-the-art cell phones per family, have multiple tattoos, and stop at Starbucks every day. No way do I believe that 50% of the country cannot afford to invest. They choose not to.... You forgot, have a Netflix account, and Amazon prime Account, A crave account, A disney plus account, a camper, an atv, a boat. etc etc etc. Maybe that is just what I see about most of the people here in Canada complaining they can't afford living these days. It's a weird woe is me attitude considering we all have more than anyone did when I was growing up in the 80's and 90's.
|
|
|
Re: Hope inflation numbers are correct
[Re: Providence Farm]
#8604784
58 minutes ago
58 minutes ago
|
Joined: Feb 2014
Ky
jbyrd63
OP
trapper
|
OP
trapper
Joined: Feb 2014
Ky
|
Might help our Social Security and/or military pensions next year. May get social security a temporary increase in cost of living. But unless they get more funds into it they will just speed uo it going in solvent faster triggering an 11% cut automatically. Last I saw its got about 7 years left. Depe on age and health it may not effect everyone currently on it if they die befor then. But I believe that would be a larger concern if I was depending on it than next year's raise. And yes its something im greatly conserned about being afraid of becoming disabled due to MS. Fingers crossed I dont but im geting more bad days more often. So... Sorry to hear your condition is getting worse. Praying for remission. But I figured you had enough investments you'd just let government keep their money .....
|
|
|
Re: Hope inflation numbers are correct
[Re: jbyrd63]
#8604804
3 minutes ago
3 minutes ago
|
Joined: May 2011
Oakland, MS
yotetrapper30
trapper
|
trapper
Joined: May 2011
Oakland, MS
|
Buying assets is not always the answer. Perfect example. I filled my boat up 64 gallons last fall @2.49 per gallon. BASED on the financial / stock market gurus I have made 124 bucks because of price increase. AN ASSET ONLY PAYS or loses money if sold or traded. If buying things to flip yes you can make some. BUT merely buying and holding it doesn't increase your bank accounts. But buy a 20,000 cd at 5 % and your bank account will grow. NOT SAYING only thing that will pay just giving an example.. This does not make sense to me. Let's say 1 year ago today, you managed to find a CD with a 1 year term that paid 5%. You invested $20,000 in it. Today you would have $21,000. If you had instead invested that $20,000 in QQQ 1 year ago today, and sold it today, you would have $27,900. IF you felt like living dangerously, and had instead invested that $20,000 one year ago today in TSM, and sold it today, you would have had $48,000 today!! The ONLY benefit investing in CDs has over investing in equities is that it virtually eliminates risk. If it is likely you will need that 20k in the short term, than investing in fixed securities might make sense for you, but if increasing your wealth is your objective, equities win hands down.
Gotta find a way, a better way, I'd better wait
Just because you're paranoid doesn't mean they're not after you
|
|
|
|
|