Three visuals that caught my eye in the last week or so:
$50,000 new car prices. Check out this chart from Sherwood News:
The average cost of a new automobile is now $50k!
The Washington Post notes that more than 60 models now have average prices of more than $75,000.
Crazy right?
Part of this is due to inflation. New vehicle prices are roughly 22% higher in the 2020s.
Part of it is due to the fact that technology is …