Originally Posted by
RXS676
What if you can't get rent increases? How will your tenants be able to afford increased rent if it costs $300 to fill up their car?
This could be very different from 1970s-style inflation, which was associated with rising wages. If there is a dollar-devaluation led inflationary environment, there could be inflation only in foreign-produced products (which is nearly everything consumed in the U.S., including a significant portion of the componenents of the few remaining products that are manufactured domestically) but not in anything else (e.g. the services that make up the largest part of our economy).
I'm going to sort of swim upstream on this one and state that this one scenario "could" actually be a good thing for the USA. It will force the balance the trade back in our favor as foreign products will be more expensive compared to the domestically produced alternative. It could be a huge incentive to bring some manufacturing back in house.