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Inflation.
I know, I’m breaking the rules. I’m supposed to lead you on for a few paragraphs. And the truth is, I would have, but there was no point. You know it, I know it, and Joe Biden knows…
Wait, did he just blame 40-year high inflation fueled by years of careless government spending on Vladimir Putin?
Economics 101:
$100,000 + 5 cars = $20,000/car.
$200,000 + 5 cars = $40,000/car.
Sprinkle in supply chain shortages and it’s more like 2.5 cars with $200,000 chasing them. So yeah, expect to pay a lot for your next vehicle, or for that matter, your next anything.
Contributor(s)
Joseph Hugh, Al Scott
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