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CPI has been kept down because of electronics and other manufactured goods like automobiles, things like healthcare, college education and textbooks and real es
by deepnotderp 6y ago
CPI has been kept down because of electronics and other manufactured goods like automobiles, things like healthcare, college education and textbooks and real estate have increased dramatically.
- imtringued 6y agoIf that money was used to build new housing then it would drive economic growth. I'm still split on college education. In theory professors should see higher salaries and thus drive up CPI inflation. In practice universities overproduce professors and can hire them for the lowest salary possible.
- throw0101a 6y agoThe Bloomber Commodity Index (BCOM) is at the same level now as it was in 1990: * https://www.marketwatch.com/investing/index/bcom?countryCode=XX https://www.marketwatch.com/investing/index/bcom?countryCode... Real estate is an asset: the CPI measures carrying costs, and those are fairly level. You get more automobile now for your money than in the past: I paid $30K for my 2003 Golf, and for the same $30K I get more safety, more horsepower, and better mileage. I agree that health care and education (in the US) are the main areas where costs have risen.