Saturday, September 12, 2015

There is No Inflation (If you live in a tent in the woods)

Rents have been climbing since 2010 and are now very near climbing at a 4% annualized rate.

I have been warning in the EPJ Daily Alert that price inflation could explode in 2016. If it does, rents could start climbing by more than 5% on an annual basis.


 -RW
at 5:02:00 PM

5 comments:

  1. Vlad LojkoSeptember 12, 2015 at 6:23 PM

    Have you looked at the price of oil lately?

    ReplyDelete
    Replies
    1. Robert WenzelSeptember 12, 2015 at 6:42 PM

      Good point, I am going to check and see if there is an oil drum I can sleep in.

      Delete
  2. AnonymousSeptember 13, 2015 at 5:03 AM

    It's up 19% since Dec 2007 which means an annual rate of inflation of 2.1%/year. https://research.stlouisfed.org/fred2/graph/?g=1P5w

    ReplyDelete
    Replies
    1. Robert WenzelSeptember 13, 2015 at 2:29 PM

      Great point. Janet Yellen is now 5' 3", she was probably under a foot when she was born. Her average height since birth is probably somewhere around 4'. Using your logic, are you willing to bet that she will be back at 4' soon?

      Delete
  3. AnonymousSeptember 13, 2015 at 2:20 PM

    That can't be right. The Ben Bernak tells me there is no inflation.

    ReplyDelete

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