05:08
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Go to a restaurant in New York, or a grocery store, and tell me that there's no inflation.
Look here: In 2001, it cost 9 dollars to go to the top of the Empire State Building. Now it's 27 dollars to go to the 86th floor, 44 dollars to go to the top, and 67 dollars to go express. The Museum of Modern Art in 2001 was 10 dollars, now it's 25 dollars. A cab from Kennedy airport to Manhattan in 2001 was 30 dollars plus tolls. Now it starts at 52 dollars.
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
Look here: In 2001, it cost 9 dollars to go to the top of the Empire State Building. Now it's 27 dollars to go to the 86th floor, 44 dollars to go to the top, and 67 dollars to go express. The Museum of Modern Art in 2001 was 10 dollars, now it's 25 dollars. A cab from Kennedy airport to Manhattan in 2001 was 30 dollars plus tolls. Now it starts at 52 dollars.
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
Posted in: Wall Street Trading
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