He said he has gone off the idea and told them to stuff it, so sticking with his three year old car for another couple of years.
Financially that decision makes little sense. We are on the edge of a massive inflation jump but its very unlikely we'll see wages/spending power keep up.
Consumers goods (like cars) will also remain supply-constrained for the foreseeable future. Governments are now building tanks again and global trade is very fragile.
All of this means only one thing for prices going ahead. If you need/have the means to make a big purchase, now is the time to do it. Otherwise things may well become totally unaffordable going fowards.
Remember money has no real value, its worth is decided by politics and human actions. Stuff/things (commodities) have real value and are not subject to the potential of becoming 'worthless' overnight like money can (Look at the Rubble).
On the whole consumer goods prices haven't seen their costs rise in line with everything else......yet, but you can be sure its coming. Its a matter of when not if.
