2024 Mustang sales lowest in history of Mustang

[Gregs24]

The rate of inflation may be lower, but inflation isn't lower. Two totally different things.

That is what you said which makes little sense. The rate of inflation and inflation are both lower now than they were because they are the same thing. I think I know what you actually mean but your first post was not clear.

I was explaining rate of inflation vs inflation to you because you asked what the difference was.

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[Mustang1987]

Well firstly you don't have to own a home, there are other forms of investment such as the stock market, and if you had invested in US stocks a couple of years ago you would be looking pretty right now (because of the strong US economy)

Inflation NOW is LOW as has been explained to you over and over.

I know all about investments, which I have many

In a strong economy, you don't have to have investments from years ago to be well off.

Again, I ask, how much groceries could you buy with $100 compared to how many you could buy with $100 six years ago. Not many now.

Until that is fixed, the economy isn't doing well.

 

[Gregs24]

Ha "if you got big raises, you're wealthier now than when you were"

I'm a wealthy person, but I know most aren't. Inflation helps wealthy people and it hurts people who live paycheck to paycheck, which is most people.

It is far from clear cut that inflation helps wealthy people - it depends entirely on how your wealth is invested? It certainly helps people with borrowings as the capital value deflates relative to their earnings, assuming earnings inflate with the cost of living.

 

[Joe_Stang]

Anyone that believes the economy is doing well drank too much kool-aid from a certain political party. It's very slowly improving but is a far ways off from doing "well". People going out and blowing money at malls and bars doesn't mean the economy is doing well lol....those people are just bad with money (most likely)

 

[Gregs24]

I know all about investments, which I have many

In a strong economy, you don't have to have investments from years ago to be well off.

Again, I ask, how much groceries could you buy with $100 compared to how many you could buy with $100 six years ago. Not many now.

Until that is fixed, the economy isn't doing well.

Less of course, because of inflation to the prices. However you have also had salary increases to offset that. That will ALWAYS be the case unless inflation is zero (or negative). I say again however look at Japan - it has taken 20 years + to escape from negative inflation and negative interest rates. Why? Because people stop spending and investing. If something is going to be cheaper next month you wait until next month to buy it, spending falls and the economy stagnates - it is there in black and white.

Lost Decades - Wikipedia

Look at wage growth v inflation. When wage growth is higher than inflation you are getting better off and vice versa the other way. But note that wage growth does exceed inflation even in the US, especially recently.

Wage growth vs inflation U.S. 2024 | Statista

 

[Mustang1987]

It is far from clear cut that inflation helps wealthy people - it depends entirely on how your wealth is invested? It certainly helps people with borrowings as the capital value deflates relative to their earnings, assuming earnings inflate with the cost of living.

I can tell you're trying to learn and researching but it's not quite clicking for you yet lol

Wealthy people have assets, and when inflation is high, those assets rise. During times of inflation, non wealthy people don't have assets, they just have their savings, if any, and those lose purchasing power.

So the wealthy gained and the non wealthy lost purchasing power.

Inflation is a tax on the low and middle class.

If the economy were good, everyone would be thriving. They're not. That's why elections are turning out like they are. That's why consumer confidence is low.

 

[Gregs24]

Anyone that believes the economy is doing well drank too much kool-aid from a certain political party. It's very slowly improving but is a far ways off from doing "well". People going out and blowing money at malls and bars doesn't mean the economy is doing well lol....those people are just bad with money (most likely)

OK so how do you define 'well'. What economic targets such as inflation, GDP growth etc would make you happy?

 

[Gregs24]

I can tell you're trying to learn and researching but it's not quite clicking for you yet lol

Wealthy people have assets, and when inflation is high, those assets rise. During times of inflation, non wealthy people don't have assets, they just have their savings, if any, and those lose purchasing power.

So the wealthy gained and the non wealthy lost purchasing power.

Inflation is a tax on the low and middle class.

If the economy were good, everyone would be thriving. They're not. That's why elections are turning out like they are. That's why consumer confidence is low.

Well maybe, but not all assets rise in an economic downturn. property prices fall or stagnate, stock investments fall in value - not all roses I can assure you.

Good news is I am invested in the US markets and the strong economy and stock value growth have meant a great return for me.

 

[Atlas Motorsports]

I do believe this platform will do much better once tuning is available, the same was true for the G8x BMWs.
Currently the S550 is such a great platform that those who are building cars to go fast are still buying and building them, we can only do so much with the S650, pretty much the only options available to go fast at the current moment is Nitrous, Whipple, or Roush, and even then we are restricted by calibration capability.

Custom tuning will open up many more avenues to modify these cars, and at the end of the day tuning/building cars is a large part of what sells a performance car.

Almost none of the legendary sports cars would be considered legendary if it wasn't for their tuning capability. The S650 has a lot of potential, just needs the door to be opened to actually unlock that potential and start taking the platform further.

 

[robvas]

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[Mspider]

"If you bought a home before the economy went to hell, back when inflation was low" lol

Well why did you already have to have a home to be in a good spot financially? Because the economy isn't well now and inflation is high. That's why.

"If you bought in when the economy was good"

I don`t own a home and never have owned a home before.

I just try at my job everyday, save money, and invest.

 

[Q6543]

This thread is amazing, I was just reading my ford Q4 sales summary… and they don’t even mention the ICE mustang….
Just Mach E sales being 2nd best EV sold next to Tesla.. and a bunch of other stuff.
What they care most about is EVs UP 38%

Ford (The F150 company) doesn’t care at all.
Here’s the breakout

 

[Mspider]

I can tell you're trying to learn and researching but it's not quite clicking for you yet lol

Wealthy people have assets, and when inflation is high, those assets rise. During times of inflation, non wealthy people don't have assets, they just have their savings, if any, and those lose purchasing power.

So the wealthy gained and the non wealthy lost purchasing power.

Inflation is a tax on the low and middle class.

If the economy were good, everyone would be thriving. They're not. That's why elections are turning out like they are. That's why consumer confidence is low.

Is it really just wealthy people though? I think a lot of middle class people have a 401k and a home.

 

[Mustang1987]

Is it really just wealthy people though? I think a lot of middle class people have a 401k and a home.

A wealthy person doesn't live in all his assets, he makes money off of them.

A middle class person lives in his one home.

Rising home prices just makes the middle class person that lives in his one home pay a higher property tax.

 

[Jdio]

don't forget build quality isn't great

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