4 ms·
Yes, but all of them being commodities (what I said) is not the same as inflation only being accurate when someone purchases every commodity available in the ma
by aarongray 8y ago
Yes, but all of them being commodities (what I said) is not the same as inflation only being accurate when someone purchases every commodity available in the marketplace (what you said).
- onecooldev24 8y agoThats exactly how asset managers construct a portfolio thats suppose to track inflation.
- aarongray 8y agoInflation of a portfolio of iPhones is completely different than inflation that an average American pays due to cost of living changes in the economy. You're cherrypicking a hypothetical scenario that doesn't apply at all to the example at hand, which is the average person's ability to pay for emergencies that arise related to living expenses.
- onecooldev24 8y agoAll I am saying is that $400 in 2013 is not worth $430 today, Its wort a LOT MORE! Stop arguing like a idiot.
- onecooldev24 8y agodoesnt this look like the chart of CPI https://finance.yahoo.com/chart/DBC https://finance.yahoo.com/chart/DBC https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm https://www.bls.gov/charts/consumer-price-index/consumer-pri...