So inflation is usually used to describe how the reduced purchasing power of a dollar with respect to goods and services. The stock market and real estate aren

So inflation is usually used to describe how the reduced purchasing power of a dollar with respect to goods and services. The stock market and real estate aren't goods and services, they are assets. The price of assets can vary quite wildly based on the interest rates (Looking at a net present value calculation explains why). But these fluctuations are unrelated to fluctuations in the prices of goods and services.(i.e. inflation) Food prices definitely haven't doubled in the last 10 years. https://www.ers.usda.gov/data-products/food-price-outlook/food-price-outlook/#Consumer%20Price%20Index https://www.ers.usda.gov/data-products/food-price-outlook/fo... People complaining about inflation are usually asking us to trade a very real current harm-underemployment for a hypothetical harm that hasn't materialized in the last 13 years despite repeated warnings-inflation. This seems like a bad trade especially since mainstream macro theory says the risks of rampant surprise inflation are low.