4 ms·

Thats not really inflation.

• mslate 8y ago
  My housing and the healthcare services I pay for are the same as in 2008. I now have to pay twice as much in USD for the same goods and services. That is the definition of currency inflation. Exchanging more for the same.
  • conanbatt 8y ago
    That is an adjustment of relative prices, inflation is the generalized increase in nominal prices of all goods. There is something called "asset inflation" but its not a correct terminology.
    • mslate 8y ago
      When housing and healthcare are >50% of my expenses, how much more general does the increase have to be to be counted as “inflation”?
      • conanbatt 8y ago
        It has to affect your salary too, which tends to be >50% of your income.