“
”
at "More indications the poor, those on fixed incomes and those just starting their careers are getting..." - June 03, 2021 at 10:20AM
Steve's Take On Today's News,
Click the headline to Read the full article at Steve Anderson's Facebook .
More indications the poor, those on fixed incomes and those just starting their careers are getting whacked by government economic and *gasp* social policies.
Inflation creeps into underlying costs when you have an acceleration of values driven by uncontrolled—and unanticipated—increases. If you have followed the increase in housing prices, and used automobiles, largely driven by supply chain issues which were almost entirely created by the reaction to the scamdemic, then you are aware of how significant the percentage growth is.
Well get ready the insurance actuaries are sending out not just signals but assurances that insurance is about to go up on homes and cars to reflect the increases in value. Given that most of the people in the categories I mentioned are not likely to be extracting the value increase in cash but will have to pay these new cost increases, this is a potentially nasty surprise come renewal time.
at "More indications the poor, those on fixed incomes and those just starting their careers are getting..." - June 03, 2021 at 10:20AM
Steve's Take On Today's News,
Click the headline to Read the full article at Steve Anderson's Facebook .