Originally Posted by
killramos
Is it really “inflation” or reallocation of the same economic capacity to certain market segments?
Is everything getting more expensive? Or are people just willing to spend more on some things? Where are the opportunities?
Is now a good time to buy a house in Hawaii sight unseen? (Maybe a bad example, as US domestic money might be flooding into HI).
Overpriced trailers and bicycles are less interesting to me than where there are gaps / opportunities to get awesome things cheap.
The only argument for true demand inflation I have seen is from all the free money the government has pumped into poor people’s pockets, increasing demand without a commensurate drop in demand elsewhere. Also obviously means it’s not long lasting. The economy is currently fucked, I don’t see how we see economic demand continuing like this for long.