Inflation is a son of a bitch

There's really nothing quite like inflation.

Inflation is a lot more insidious than a deflationary event. Most people don't hold any assets, but we all have to live. When the cost of living goes up pass what our salaries can adjust to it is bad.

Everything from cars to houses has inflated to an insane end. At one point the average vehicles price was almost $50,000.

What people don't realize is a deflationary crush will help them eventually. It's not healthy or natural for assets to keep rising in price when there's no productivity to back it up. Lockdowns productivity decrease while demand increased causing inflation. I realize that rampant money printing really contributed to inflation but snarled supply chains was a huge factor as well.

Inflation has massively negatively impacted me. My budget has been strained and what used to be a comfortable situation has become pretty stressful. I'm out here looking for deals and I'm not seeing a lot in the asset space. I'm seeing layoffs right now and hiring freezes and it looks like it's going to get pretty bad.

All in all we saw some of the worst inflation since the 1970s. I asked my parents how that time period was for them and they replied that they were poor and they didn't even notice it. It's wild to think that it's all about your perspective. Should we adjust our expectations of standard of living downward?