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CPI is objectively flat, you can look it up on the bls site. You might think CPI isn't well correlated to price inflation, but you'd be wrong there too.
by colinmhayes 6y ago
CPI is objectively flat, you can look it up on the bls site. You might think CPI isn't well correlated to price inflation, but you'd be wrong there too.
- AngrySkillzz 6y agoYeah, people on HN are kind of cranks about this sort of thing
- imtringued 6y agoIt's not HN, it's everywhere. The housing as an investment mantra doesn't help. Yes, house prices are going up but for all we know it's a bubble right now. If CPI inflation does pick up in the future it may turn out to be correct. It would be helpful if people actually did the right thing and built more housing, though.