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Except inflation is actually significantly higher the basket is just poorly assembled and exclude major drivers like food gas real rent and most importantly med
by rdtwo 7y ago
Except inflation is actually significantly higher the basket is just poorly assembled and exclude major drivers like food gas real rent and most importantly medical costs
- toomuchtodo 7y agoI am curious what inflation would be with universal healthcare, a healthy amount of affordable housing, primarily renewables for energy, and EVs negating the need for gas/oil. It feels like central banks are going to lose against technology deflation, but I'm not an economist so I can't say for sure.
- blevo 7y agoI suppose it depends on how those programs are funded/achieved. If they are funded via something that acts as monetary stimulus (just print the money to pay for it) then I imagine there would be a heavy burden of resulting inflation.
- deleted 7y ago[deleted]
- MiroF 7y agoThe inflation marker does what it is designed to do - if it didn't, markets would properly price in that information