Originally Posted by FL 4Motion

You nailed it in your earlier post, this go around, inflation is being driven by a unique confluence of circumstances that make the feds tightening far less effective than in past inflationary periods.

At the end of the day, for all us “regular” folks the financial principles that we should always be living by just apply even more in an inflationary environment:

Live within your means (ie a little below)
Use credit wisely
If you can’t pay cash/can pay off something in a short amount of time/discipline— don’t buy it
Save/invest as aggressively as you can stand and start as soon as you can
Be grateful for your blessings and focus on the positive not the negative
Don’t buy a BMW

Yeah, Leo isn’t what it used to be, there is a need for improvement in community policing etc but cops still need to be able to beat the Fvck outta bad actors when necessary etc.