Actually, 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 me

Actually, 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