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by pojzon
1927 days ago
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On the contrary the price of up-keeping a household has increased dramatically. 30-40y ago it was not uncommon for a single pension to cover all expenses of: - food - car or two - paying a mortage - having 4 kids going to school - other household expenses - saving up money / Currently it is not possible. How in such a case do you still think we live in deflation times? I would rather say that “some things” became cheaper due to technology advancements, but common things inflated so drastically, its literally impossible for young people to start families with sustainable life. |
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- Historically low mortgage rates
- Decreasing bond yields
- Increasing withdrawals from 401k and other retirement funds
- Increased savings rates for the younger demographic
- Reduction in consumer spending
- Over a decade of QE