So has the used market finally dropped dramatically?
#91
12-29-2023, 01:52 PM
Road Warrior
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#92
12-29-2023, 01:53 PM
Club Member
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#93
12-29-2023, 01:53 PM
I have more disposable income than many. I am cutting back because those hotels I was paying $80-120 for in 2020 are now double that. So I am making half the hotel trips I was doing previously.
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#94
12-29-2023, 02:17 PM
Seasoned HDF Member
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Just remember, if you make a purchase at San Jose Harley, you'll pay too much. I hope for your sake this isn't the dealership you patronize.
#95
12-29-2023, 02:27 PM
Inflation was 7% in 2021, 6.5 in 2022, and currently "only" 3.1 in 2023. My pay went up just under 3% so far. Most folks pay did not match inflation increases.
I have more disposable income than many. I am cutting back because those hotels I was paying $80-120 for in 2020 are now double that. So I am making half the hotel trips I was doing previously.
I have more disposable income than many. I am cutting back because those hotels I was paying $80-120 for in 2020 are now double that. So I am making half the hotel trips I was doing previously.
If your situation is not on par with the average, it's time to look for a new job. I switched jobs in October and got a raise of over 20%.
#96
12-29-2023, 02:57 PM
Road Warrior
That was the dealership that is flush with inventory of new and used. Not really in the market for new bike, but received a Gift Card for Xmas and thought I’d stop in to browse some swag.
#97
12-29-2023, 03:02 PM
The data show that is not true, real household income has increased more than inflation and is at the highest it has ever been in the history of the data.
If your situation is not on par with the average, it's time to look for a new job. I switched jobs in October and got a raise of over 20%.
If your situation is not on par with the average, it's time to look for a new job. I switched jobs in October and got a raise of over 20%.
#98
12-29-2023, 05:58 PM
Grand HDF Member
Absolutely wrong. Look up the data for yourself if you don't like mine. The real income per capita is the highest it has ever been in all of human history now.
The federal reserve not only did not make such comments, it wouldn't. Those sorts of comments come from political actors.
Inflation is monetary and it is their fault. It doesn't follow that they are bad at measuring it. They knew what they were doing, they simply lacked the political will to pump the brakes when it was time to do so.
Even with inflation, incomes are up. That is a demonstrable fact. All the other political commentary are not facts, they are simply regurgitated opinion.
The federal reserve not only did not make such comments, it wouldn't. Those sorts of comments come from political actors.
Inflation is monetary and it is their fault. It doesn't follow that they are bad at measuring it. They knew what they were doing, they simply lacked the political will to pump the brakes when it was time to do so.
Even with inflation, incomes are up. That is a demonstrable fact. All the other political commentary are not facts, they are simply regurgitated opinion.
Last edited by stratplexi; 12-29-2023 at 08:13 PM.
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#99
12-30-2023, 09:18 AM
So even if wages are highest ever, it doesn't help if products are even higher. Wages didn't go up 10% for most people. We had 7 percent inflation 2021, 6.5 in 2022 and 3.1 this year. The 6.5 inflation is on stuff that was already up 7%. Same with the 3.1. So total cost of goods is up more than 15%, closer to 20% yet wags up 10% so you have less purchasing power.
You're like the talking heads, trying to gaslight us.
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#100
12-30-2023, 10:56 AM
Stellar HDF Member
Your graph your using to support your bull crap ends in 2015, that was 8 years ago.
So even if wages are highest ever, it doesn't help if products are even higher. Wages didn't go up 10% for most people. We had 7 percent inflation 2021, 6.5 in 2022 and 3.1 this year. The 6.5 inflation is on stuff that was already up 7%. Same with the 3.1. So total cost of goods is up more than 15%, closer to 20% yet wags up 10% so you have less purchasing power.
You're like the talking heads, trying to gaslight us.
So even if wages are highest ever, it doesn't help if products are even higher. Wages didn't go up 10% for most people. We had 7 percent inflation 2021, 6.5 in 2022 and 3.1 this year. The 6.5 inflation is on stuff that was already up 7%. Same with the 3.1. So total cost of goods is up more than 15%, closer to 20% yet wags up 10% so you have less purchasing power.
You're like the talking heads, trying to gaslight us.
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