Here’s Why Eggs Cost More Than TVs

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We need some bare necessities deflation. Several years ago, started actually in the radio show, I started singing the Jungle Book song there, the bare necessities. And it was one of the things that I teach. The fact that the inflation numbers that are being basic preach to us, told to us by the powers that be are nonsensical. They are. And we have our own inflation charts.

at Markowski Investments, what we take a look at and it’s based in reality. I call it my bare necessities inflation. The things that we need to live on. Things that we need to live on. Yes, yes, yes. know, did I, I bought a television set for my son’s apartment. Set, do they even call them sets anymore? Television for my son. Oh, nice one. I don’t know. What was it? I don’t know. 60 some 70 inches.

television, Samsung, what was it? few hundred bucks? Nothing! Nothing, which is fine. That’s great. Fantastic. But again, I can’t eat that TV and neither can my son. Let’s just go over some of the numbers, okay? These are things, okay, new cars. A car is a necessity, okay? Necessity, not necessarily a new car, but a vehicle.

Depending on where you live, okay? Unless you’re living in a big city, taking public transportation. Now, the problem with deflation when it comes to cars is the fact that people will hold off. If they can, they’ll hold off and they’ll say, yeah, that car is gonna be cheaper next month because prices are going down. So, tough to tinker with cars, but let’s see, the price of new cars over the past five years is up 21%. Couldn’t hurt.

for that to come down a bit. The kicker, groceries up 23%. Health insurance up 24%. Shelter up 28%. Restaurants up 31%. Used cars up 35%. Oh, what do we got? Electricity up 38%, transportation up 47%, home prices up 52%, gasoline up 55%.

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Gas and utilities up 56%, fuel oil up 62%, auto insurance up 75%, we’ve got about eggs up 140%. Now, many of these things, any of these things are stuff that we need, we have to have. Yet we’re told all the time by the wizards of smart economists out there that if we have deflation,

my god, that happened during the Great Depression and that’s going to be a terrible sign. It’s going to be awful. It’s going to be anarchy cats living with dogs all this nonsense. It’s not. It’s not. Again, I hit on this. I’m going to hit on this again. The administration right now needs to focus like a laser beam on getting the prices down for the bare necessities of life. This will make people

feel a lot better, make them more comfortable in their position. It will bring out more animal spirits. again, you basically do away with that perpetual sense of frustration where you’re constantly going to the grocery store and you’re saying, son of a, you know what, I can’t believe what I just spent. I wasn’t that long ago when I wasn’t spending this much at the grocery store. That’s a winner. Winner, winner, chicken dinner.

Okay, for the Trump administration. You know, the funny thing is, the Democrats haven’t even figured out how they’re going to do this. This would be a winner across the board. Be nice to get the powers to be actually working on getting these things down. Watchdog on wallstreet.com