Consumer price inflation at 2.9%
From: Swenja Ziegler (zieswenja1gmail.com)
Date: Thu, 16 Aug 2018 07:52:26 -0700 (PDT)
Brian - not quite sure where you got the 8% inflation figure from -
official numbers are 2.9 % for the year ending in July 2018.
https://www.usinflationcalculator.com/inflation/core-inflation-highest-in-decade-consumer-prices-rose-0-2-in-july/100016131/

Swenja

On Thu, Aug 16, 2018 at 3:17 AM <cohousing-l-request [at] cohousing.org> wrote:

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>    1. Re: investing reserve funds (Brian Bartholomew)
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> Message: 1
> Date: Thu, 16 Aug 2018 05:01:33 +0000 (UTC)
> From: Brian Bartholomew <bartholomew.brian [at] yahoo.com>
> To: <cohousing-l [at] cohousing.org>
> Subject: Re: [C-L]_ investing reserve funds
> Message-ID: <767083831.8846532.1534395693439 [at] mail.yahoo.com>
> Content-Type: text/plain; charset=UTF-8
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> > Keep in mind, that if your money isn't earning interest somewhere,
> > you are actually losing money every year.
>
> I hear consumer price inflation is running 8%/year.  Does a roof wear
> out faster or slower than 8%/year?  Maybe you would be happier with a
> new roof now, than with a new roof in 15 years after 2/3 of the
> purchasing power of your reserve fund has been taken by inflation.
> Likewise for commercial kitchen appliances, heating and air, plumbing,
> paving, well drilling, solar power, or other durable goods which might
> wear out and lose value more slowly than the dollar.
>
> Brian
>
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