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Inflation itself is not a good metric as soon as you leave the avg. You are on HN, the chance you are part of the american average is very low. That 15% cost
by AntiUSAbah 5mo ago
Inflation itself is not a good metric as soon as you leave the avg.
You are on HN, the chance you are part of the american average is very low.
That 15% cost is not relevant if you don't drink milk. Its also a lot less if you are able to save money. That money saved might be for something very specific like one specific car or a house.
The house market, as far as i understand it, is more decoupled from inflation than not. Here in germany a farm costs still 600k and goes up and down based on location and other factors. My money in the bank doesn't has to be inflation neutral, it should be house market neutral for the money i only want to buy a house for.
You can also choose and change your buying power. Instead of the sports car x, you can buy y. Instead of buying the city center house, you can buy the farm outside.
- dwa3592 5mo agoOur household income is less than the US household median. So that price increase on milk does feel a bit more stingy than I'd like to be.
- b40d-48b2-979e 5mo agoYou are on HN, the chance you are part of the american average is very low. This is a weird statement coming from a German bystander commenting on American politics with the username "Anti-USA".
- AntiUSAbah 5mo agoWhy? This is not US politics. Its global politics and it affects me as well. Independent of this, hn is not a platform the avg person is visiting. It requires a certain amount of high tech expertise to understand the conent of hn which statistically pushes the avg hn reader above the avg person. You do know how much impact the USA has around the globe right? right?!
- b40d-48b2-979e 5mo agoYou are wildly overestimating your own self-worth with the "above the avg person" statement. hn is just a website. People browse and read whatever.
- AntiUSAbah 5mo agothe context is it. it requires a certain amount of knowledge and skill. IT people earn above avg. Its not far fetched.
- irishcoffee 5mo agoI contend any earnest 12-year old could ardently read this website for a month, do their own research on the side, and enjoy browsing this website. I dare say they probably make below the median income. This place isn't a shibboleth.
- dwa3592 5mo agohey just because I am not making above median/average income doesn't mean I don't have the tech expertise. And HN is not that tech intensive. A movie recommendation for you - Good will hunting.
- Flatterer3544 5mo agoIf X goes up in price, then Y and Z will have increased demand, and end up also going up in price.. Just because you don't drink milk, doesn't mean that you'll be unaffected.