2024 Mustang sales lowest in history of Mustang

[Mustang1987]

Please explain!

Say inflation is 10 percent, the next year inflation is 5 percent, inflation still rose, but the rate of inflation halved. Totally different stats that people use to deceive.

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[Mustang1987]

He has no idea about inflation or the drivers of inflation

My dude, this is my wheelhouse. You don't know the difference between inflation and the rate of inflation.

 

[Mspider]

All that graph confirms is people might have accumulated some savings for 9-12 months once COVID started because we were all basically locked down and nobody went anywhere or did anything! Then at the end of 2020 mortgage rates/interest rates dropped and like I said the people of this country spent and bought to their hearts content!

That`s why its kind of confusing. At the start of Covid people got scared, people stopped spending money, people saved money etc. The economy suffered, GDP tanked, people were layoff.

People kind of only remember the spending part. But there was a time when the stock market crashed, mass layoffs happen, interests rates fell, and inflation was very low.

 

[Mspider]

No matter which way anyone tries to slice it and say the economy is good, it's not lol It's a terrible economy with loads of inflation.

How about this slice.

If you owned a home, invested money, kept your current job with modest raise every year you are wealthier today than before even when adjusted for inflation.

Did I just describe a rich person?

 

[Q6543]

Every where I look (here in Michigan) people are doing better than ever…

The biggest raises went to the lowest quartile… when poor people get more money, they spend it!
Major inflation driver….

Bars, restaurants, parks, malls, downtown, suburbs… Michigan’s economy is booming! Best I’ve seen since the 80s

 

[Mustang1987]

How about this slice.

If you owned a home, invested money, kept your current job with modest raise every year you are wealthier today than before even when adjusted for inflation.

Did I just describe a rich person?

Ha "if you got big raises, you're wealthier now than when you were"

I'm a wealthy person, but I know most aren't. Inflation helps wealthy people and it hurts people who live paycheck to paycheck, which is most people.

 

[Mspider]

How about this slice.

If you owned a home, invested money, kept your current job with modest raise every year you are wealthier today than before even when adjusted for inflation.

Did I just describe a rich person?

Ha "if you got big raises, you're wealthier now than when you were"

I'm a wealthy person, but I know most aren't. Inflation helps wealthy people and it hurts people who live paycheck to paycheck.

modest- (of an amount, rate, or level) relatively moderate, limited, or small.

 

[Mspider]

Every where I look (here in Michigan) people are doing better than ever…

The biggest raises went to the lowest quartile… when poor people get more money, they spend it!
Major inflation driver….

Bars, restaurants, parks, malls, downtown, suburbs… Michigan’s economy is booming! Best I’ve seen since the 80s

I live in SE MI and feel the same way. I actually hate going out on Saturdays because its packed everywhere.

 

[decidave8]

I could care less about sales numbers, I love this car. I actually like the fact that you don't see a lot of them. I get complements all the time.

 

[Mustang1987]

How about this slice.

If you owned a home, invested money, kept your current job with modest raise every year you are wealthier today than before even when adjusted for inflation.

Did I just describe a rich person?





modest- (of an amount, rate, or level) relatively moderate, limited, or small.

"If you bought a home before the economy went to hell, back when inflation was low" lol

Well why did you already have to have a home to be in a good spot financially? Because the economy isn't well now and inflation is high. That's why.

"If you bought in when the economy was good"

 

[Gregs24]

Say inflation is 10 percent, the next year inflation is 5 percent, inflation still rose, but the rate of inflation halved. Totally different stats that people use to deceive.

As I pointed out you need some stable inflation for a stable economy (around 2%)

Your example doesn't make a lot of sense but what I think you mean is prices still rise even though the rate of inflation halved, which is obviously correct.

 

[Gregs24]

My dude, this is my wheelhouse. You don't know the difference between inflation and the rate of inflation.

It would appear that I do, but your explanation lacks accurate terminology

 

[Mustang1987]

As I pointed out you need some stable inflation for a stable economy (around 2%)

Your example doesn't make a lot of sense but what I think you mean is prices still rise even though the rate of inflation halved, which is obviously correct.

I was explaining rate of inflation vs inflation to you because you asked what the difference was.

 

[Mustang1987]

It would appear that I do, but your explanation lacks accurate terminology

That is accurate terminology. The exact terminology that is used and standard.

 

[Gregs24]

"If you bought a home before the economy went to hell, back when inflation was low" lol

Well why did you already have to have a home to be in a good spot financially? Because the economy isn't well now and inflation is high. That's why.

"If you bought in when the economy was good"

Well firstly you don't have to own a home, there are other forms of investment such as the stock market, and if you had invested in US stocks a couple of years ago you would be looking pretty right now (because of the strong US economy)

Inflation NOW is LOW as has been explained to you over and over.

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