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Originally Posted by Mota
And then forget about buying a house! I'm fine because I only have 5 years left on my mortgage, but what the hell are our kids going to do?
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Reach a new equilibrium eventually, most likely. We'll get past this period of relatively minor hardship as long as it doesn't drag on for decades of inflation.
I'm a lot more concerned about what happens when oil prices go nuts permanently. We're not there yet, it may be another half-generation or so away, but when it hits these will be the good-old days.