In this blog read that the inflation rate is much higher than the 4 percent we are being told.
If we use the pre 1998 calculation we are running at a 7 percent inflation rate and if we use the pree 1983 inflation rate we are running at over 11% inflation.
Which is what it fells like.
So how will this effect real estate prices....
Well if inflation really kicks in salary will begin to inflate, the dollar will devalue and then eventually assets will probably increase in price.
The Big Picture | Inflation Abounds
If we use the pre 1998 calculation we are running at a 7 percent inflation rate and if we use the pree 1983 inflation rate we are running at over 11% inflation.
Which is what it fells like.
So how will this effect real estate prices....
Well if inflation really kicks in salary will begin to inflate, the dollar will devalue and then eventually assets will probably increase in price.
The Big Picture | Inflation Abounds
Inflation Abounds
Tuesday, April 29, 2008 | 01:00 PM
in Federal Reserve | Inflation
The Federal Reserve is now in day 1 of their two day meeting. The statement we get tomorrow, and the minutes we will read next month are likely to be intriguing.
Bizinflate430
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