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      03-17-2023, 10:30 AM   #21
Blue87
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Quote:
Originally Posted by DocWeatherington View Post
The entire market is up its the new normal. People need to deal with the pay to play.

How much is a gallon of milk today vs what it was in 2019 or any fast food?

At some point everyone will need a new car and it is what it is.

Interest rates could easily be had a 0-1% 16 months ago ...today it's 6-9% with good credit .
There's probably little we can do about food, however consumers can fight back at rapidly increasing home and auto prices by not buying if not absolutely necessary (I know, tall order). When consumers pay exorbitant prices with out protest, then companies continue to raise them. Typically these kinds of prices rarely drop once raised, except for during a 2008 like financial crisis or extremely low sales. During periods of low sales manufacturers will usually offer rebates and other incentives to move inventory. While automobile prices may not immediately return to yester-year's prices, heavy rebates can soften the load until they do. Lots of trickle down effects here, and I only considered the consumer.
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