[DeTomaso] [EXTERNAL] Re: DeTomaso Digest, Vol 203, Issue 17

[Himes, Terry (US 397C)]

My FA says the same thing.  Inflation will drive people to put their money into cars, art, etc. etc. 

"A Purple Heart proves you were smart enough to hatch a plan,
 stupid enough to try it and lucky enough to survive!"
 
Terry W. Himes 
JPL Jet Propulsion Laboratory
Deep Space Exploration – Mission Operations
 
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thimes at jpl.nasa.gov

 

On 5/26/21, 6:33 AM, "DeTomaso on behalf of Mike Drew via DeTomaso" <detomaso-bounces at server.detomasolist.com on behalf of detomaso at server.detomasolist.com> wrote:

    Dave,

    Yes, true. We are seeing the effects of Carter-style runaway inflation starting up. The dollar is becoming worth less so quickly that we can’t keep up. 

    Yesterday I paid $4.79 a gallon for gas. A gallon of milk is $5.  My home has appreciated over $100k in just a few months without being any better than it was before. So it stands to reason that Panteras would cost more now as well.

    Mike

    Sent from my iPad

    > On May 25, 2021, at 12:38, Dave McManus <Dave at damardirect.com> wrote:
    > 
    > We will have to wait to see if the old $75K cars will be the new $100K+. 
    > The market is stupid crazy.
    > 
    > IndyDave
    > 
    > -----Original Message-----
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    > Subject: DeTomaso Digest, Vol 203, Issue 17
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