3 ms·
All of those increase in cost much faster than inflation
by frockington1 5y ago
All of those increase in cost much faster than inflation
- lostcolony 5y agoNot sure that's all that meaningful though? I mean, the inflation rate is effectively an average of the increase in costs across a variety of goods. Either that average is non-representative of the actual increase in costs (so meaningless), or that average is representative, but still an average, in which case you would still expect outliers, both above and below the average inflation rate. You would need the second derivative to be meaningful (and maybe that's what you mean), the percentage increase compared to the percentage increase in inflation (i.e., if in one year inflation is 2% and healthcare costs increase 4%, and the next year inflation is 2%, and healthcare costs are > 4%, and this trend continues, that would be concerning)
- pedrosorio 5y agoI think this is what they are referring to: https://www.aei.org/wp-content/uploads/2019/01/cpichart2019.png?x91208 https://www.aei.org/wp-content/uploads/2019/01/cpichart2019....