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Inflation down again

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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    #winning
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    HuskyBuckHuskyBuck Member Posts: 871
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    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
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    HuskyBuckHuskyBuck Member Posts: 871
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    RaceBannon said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
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    Bob_CBob_C Member, Swaye's Wigwam Posts: 9,083
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    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
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    HuskyBuckHuskyBuck Member Posts: 871
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    edited January 11
    Bob_C said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
    I’m under 35…..I’m not fucked, but I do respect that you answered my question Bob thanks.

    And just FYI, even accounting for inflation, your net worth should have rose 37%….unless YOU suck, but you have no one to blame but yourself.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    HuskyBuck said:

    RaceBannon said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
    Why would I answer your question?

    You think you're the first here with this bullshit?

    You have everything you need to know.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    Yes buck got his

    Who cares about energy and food costs killing families

    Gotta defend Biden
    You suck if you don't love the inflation of the last three years is a great campaign pitch

    Must be why Biden is doing so well
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    Bob_CBob_C Member, Swaye's Wigwam Posts: 9,083
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    HuskyBuck said:

    Bob_C said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
    I’m under 35…..I’m not fucked, but I do respect that you answered my question Bob thanks.

    And just FYI, even accounting for inflation, your net worth should have rose 37%….unless YOU suck, but you have no one to blame but yourself.
    Weird how M2 increased by roughly that % too.

    But it's not a bubble.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    Wages don't keep pace with inflation but you suck if you don't like it
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    HuskyBuckHuskyBuck Member Posts: 871
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    edited January 11
    I asked you a simple question (weird you didn’t answer it, it must not fit your narrative) . no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    If you’re gonna blame Biden for food prices, are you gonna blame him for being richer?
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,733
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    HuskyBuck said:

    I asked you a simple question, no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    I've been on this board for years

    I don't owe you anything

    You're defending high inflation

    Let's see how that works in November
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    Bob_CBob_C Member, Swaye's Wigwam Posts: 9,083
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    RaceBannon said:

    Wages don't keep pace with inflation but you suck if you don't like it

    The monthly cost of buying the median priced house has more than doubled also during that time. But CPI only has a plus ~22% cumulative effect.

    Things are great out there.
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    HuskyBuckHuskyBuck Member Posts: 871
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    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer
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    HuskyBuckHuskyBuck Member Posts: 871
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    RaceBannon said:

    HuskyBuck said:

    I asked you a simple question, no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    I've been on this board for years

    I don't owe you anything

    You're defending high inflation

    Let's see how that works in November
    Soooooo you’re taking 2020 net worth and 2020 prices?

    Man you guys dance around more than Shakira.
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    Bob_CBob_C Member, Swaye's Wigwam Posts: 9,083
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    edited January 11
    HuskyBuck said:

    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer

    Meant I'd take 2024, but I own plenty of assets, thus inflation is a rounding error to me. It's not to an overwhelming % of the population.

    I'd like to give the serfs a chance to own the land and not ring up crazy credit card debt, mainly so they don't violently take my land.
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    HuskyBuckHuskyBuck Member Posts: 871
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    Bob_C said:

    HuskyBuck said:

    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer

    Meant I'd take 2024, but I own plenty of assets, thus inflation is a rounding error to me. It's not to an overwhelming % of the population.

    I'd like to give the serfs a chance to own the land and not ring up crazy credit card debt, mainly so they don't violently take my land.
    Once again thanks Bob I appreciate the honest answer. I apologize for the namecalling on the other thread, probably let the husky defeat get to me.
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    SledogSledog Member Posts: 31,047
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    I'm glad BidenBros inflation doesn't devalue our currency! The comrades have always been great economists!
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