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Inflation is not just a term that we can define how we like, it's an economic official indicator ergo, there is not discussion possible about if has happened or
by RobertoG 6y ago
Inflation is not just a term that we can define how we like, it's an economic official indicator ergo, there is not discussion possible about if has happened or not.
You are talking about a bubble.
- rory 6y agoActually, he's talking about asset price inflation, which is isn't redefining the term at all. Inflation just means an increase in prices. Specific inflation measurements like CPI and PCE are the official economic indicators you're thinking of. https://en.wikipedia.org/wiki/Asset_price_inflation https://en.wikipedia.org/wiki/Asset_price_inflation