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Do you have any supporting evidence to your claim that real inflation is much higher? I'm not trying to prove you wrong, I'm genuinely curious. My impression h
by arenaninja 10y ago
Do you have any supporting evidence to your claim that real inflation is much higher?
I'm not trying to prove you wrong, I'm genuinely curious. My impression has been that inflation has been relatively low, with the exception of housing. Though housing has gone up much faster in large metros than the rest of the country
- mark_l_watson 10y agoI have read that our government stresses consumer items like TVs in calculating the inflation index because tech product prices decrease rapidly. Food, housing and medical costs are increasing rapidly and get discounted in the CPI. If the true rate of inflation were admitted, then cost of living increases for social security, etc. would be more expensive, right?
- hx87 10y agoIf that were true, wouldn't it make more sense to sink money into funds targeting the food, real estate, and medical sectors instead of directly in real estate? After all, there is no reason that (residential) real estate prices track food and medical prices, and owning real estate outright is a horribly lumpy, illiquid, and undiversified investment.