The true costs of inflation in small-town Texas

Re:The true costs of inflation in small-town Texas by thebooktocome on Thursday July 21, 2022 @10:28PM (#32187769)

Let’s see, they opened in 2001.

So their original business model assumed gas would be around 1.40/gal (1.90 inflation adjusted).

When do you think gas will fall that low again?

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Re:The true costs of inflation in small-town Texas by sokoloff on Friday July 22, 2022 @08:49AM (#32191349)

You can’t reasonably predict a specific future price-at-time of a volatile commodity (that’s the whole point of excluding its transient excursions).

Dev 2008, Feb 2016, spring 2020 were all times with retracements back near the 2001 levels (adjusted for currency devaluation/inflation).

I expect we’ll see them again in my lifetime, but you can’t reliably predict exactly when. (If you could, you could retire quite quickly via commodity speculation.)

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