Relevant:
- Rising home values in the face of stagnant incomes -- Home prices are rising at a rate three times faster than the CPI. Lowest available inventory in over 30 years.
- Managing shadow inventory -- California home prices up 12 percent year-over-year while household incomes remain stagnant.
- A shadow inflation hits shoppers through economic sleight of hand: Inflation and the hidden side of finances.
- The monster lurking in the shadow inventory -- 12 million Americans underwater with nearly 6 million delinquent or in foreclosure
- The Rich Get Richer Through the Recovery
2012-09-07 — mybudget360.com
What is happening in our current economy can be described as stagflation. An underlying increase in the cost of goods becasue of weaker purchasing power and stagnant incomes. Yet this is a 2012 version. You have companies repackaging goods at the same price but lower quantity. We see this at the grocery store. You also have the cost of a gallon of gas up over 100% from 2005. At the same time things like health insurance and college tuition are in what appears to be a bubble
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