Collectibles Markets vs Economy - Why does it have to be this way?

[Republicaninmass]

Originally Posted by cgjackson222

Yeah anecdotal numbers are much better than aggregated figures....

You bill likely doubled

Maybe I misinterpreted your comment.

People in my neighborhood with pool heaters and lights on all day said their bills WERE 600-1k per month, I havent checked in recently

[cgjackson222]

Originally Posted by Republicaninmass

You bill likely doubled

Maybe I misinterpreted your comment.

People in my neighborhood with pool heaters and lights on all day said their bills WERE 600-1k per month, I haven't checked in recently

My total average cost of electricity was 14.0 cents per kWh in 2020.

My total average cost of electricity was 16.0 cents per kWh over the last 12 bills ending in November, 2023.

Do I think this modest increase is indicative of national inflationary trends?
No, I do not. It is a mere localized sample.

You can't draw broad conclusions from the cost of an item at your local store.

Also, people don't seem to understand how compound interest works. If inflation was 7% annually, the cost of goods would nearly double every ten years. Even moderate amounts of inflation cause the cost of goods to go up significantly (in nominal, not real values).