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I thought those particular examples were caused by federal subsidies and regulations juicing the demand side of the price curve via Medicare/Medicaid, Fannie/Fr

I thought those particular examples were caused by federal subsidies and regulations juicing the demand side of the price curve via Medicare/Medicaid, Fannie/Freddie/FHA/USDA, and guaranteed student loans. As I understand it, QE (and monetary policy more broadly) juices the supply side of the price curve, leading to a general rise in prices due to the increased supply of the metric we use to measure prices (i.e. dollars). So it's likely QE has led to a general devaluing of the dollar that would lead upward pressure on all prices. The reason the three industries you mentioned have outpaced every other seems to be federal policies like subsidies and regulation juicing the demand side of the curve. It also seems like those three industries are fairly insulated from globalization and, to an extent, automation, which accounts for a lot of the downwards pressure on prices, offsetting some of the devaluing effects of QE.

moorhosj 8y ago
==So it's likely QE has led to a general devaluing of the dollar that would lead upward pressure on all prices.== QE started 10 years ago, why is it only showing up in the "all prices" data now? Inflation was historically low from 2009 to 2016, but is coming fast and hard now. This lends credence to the OP comment that it is flowing down to main street from higher economic levels. The higher economic levels are "assets" like homes, public and private stock, crypto, art, etc. ==The reason the three industries you mentioned have outpaced every other seems to be federal policies like subsidies and regulation juicing the demand side of the curve.== Have the countries with more government subsidies and regulations in healthcare (almost all of them) seen the same inflation in helathcare costs?
- mywittyname 8y ago
  No - at least not when you consider cost as a percentage of GDP. https://www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#item-since-1980-gap-widened-u-s-health-spending-countries https://www.healthsystemtracker.org/chart-collection/health-... Looking at that chart, something happened in 2000 that caused our increase healthcare in cost as a percentage of GPD to accelerate.
  - moorhosj 8y ago
    Thanks for sharing this chart. You are right that things jumped on 2000, but I'm not so sure it is outside the broader trendline. For example, it went from 8.2% of GDP in 1980 to 11.3% by 1990.

moorhosj 8y ago

==So it's likely QE has led to a general devaluing of the dollar that would lead upward pressure on all prices.== QE started 10 years ago, why is it only showing up in the "all prices" data now? Inflation was historically low from 2009 to 2016, but is coming fast and hard now. This lends credence to the OP comment that it is flowing down to main street from higher economic levels. The higher economic levels are "assets" like homes, public and private stock, crypto, art, etc. ==The reason the three industries you mentioned have outpaced every other seems to be federal policies like subsidies and regulation juicing the demand side of the curve.== Have the countries with more government subsidies and regulations in healthcare (almost all of them) seen the same inflation in helathcare costs?

mywittyname 8y ago
No - at least not when you consider cost as a percentage of GDP. https://www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#item-since-1980-gap-widened-u-s-health-spending-countries https://www.healthsystemtracker.org/chart-collection/health-... Looking at that chart, something happened in 2000 that caused our increase healthcare in cost as a percentage of GPD to accelerate.
- moorhosj 8y ago
  Thanks for sharing this chart. You are right that things jumped on 2000, but I'm not so sure it is outside the broader trendline. For example, it went from 8.2% of GDP in 1980 to 11.3% by 1990.