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> Inflation has been very low since the 1990s. Except for housing, food, healthcare, education, transportation, and energy. But yeah besides the eye watering i
by User23 3y ago
> Inflation has been very low since the 1990s.
Except for housing, food, healthcare, education, transportation, and energy. But yeah besides the eye watering increases in the prices of the things that make up the overwhelming majority of the typical household’s spending prices have barely increased. In fact you can get a bigger TV for less money!
- nerdponx 3y agoAlso shrinkflation, and reduction in baseline quality of various goods offsetting increased baseline quality in other areas.
- laurencerowe 3y ago> Except for housing, food, healthcare, education, transportation, and energy. CPI includes all of those in the proportion in which they are paid for by consumers (rather than through taxation.) Shelter, 32.8% Food, 13.3% Tuition, other school fees, and childcare, 2.2% Medical care, 6.9% Transport, 6.0% Energy: 7.6% https://finance.yahoo.com/news/foolish-why-inflation-rate-won-160000493.html https://finance.yahoo.com/news/foolish-why-inflation-rate-wo... https://www.bls.gov/cpi/factsheets/college-tuition.htm https://www.bls.gov/cpi/factsheets/college-tuition.htm