How is that a problem? Let's say I work in the grocery industry. Everyone has to buy groceries at some point, whether wealthy or impoverished, and for those on lower incomes groceries are a fairly major share of total consumption. I can check those prices and they haven't gone up nearly as much as you're saying. Ipso facto you're just wrong.
> Remember when house prices went up 20-30% in a 6 month period of 2021? Not inflation?
Inflation is more than just home prices, and just because something is more expensive than it used to be doesn't mean that inflation is the culprit. Supply and demand are still factors. Regardless, rent is accounted for in the CPI (though not assets like home purchases).
Got anything besides home prices? Car prices haven't gone up that much, at least. I can hardly think of anything besides houses and GPUs that (a) impact me and (b) have gone up fairly drastically in price. (Though around here, the suburbs of greater Cincinnati, home prices haven't generally doubled in ten years; my home's valuation is maybe 15% higher than it was when I bought it five years ago.)
>The items/services we all want/need, that are scarce, and can't be imported from our foreign "slaves", are where you will find it concentrated. Healthcare, housing, university, etc...
It seems you didnt read anything I wrote since you avoided my earlier point and are still ignorantly talking about retail goods that are, for the most part, subsidized, imported from countries we export inflation to, or experience heavy shrinkflation.
I also mentioned inflation is not evenly distributed. Different areas/segments of the population experience different rates. The Ohio housing market may not have been hit as hard, probably parts of Michigan fall in that same boat (these are not desirable markets), but most houses did 3-4x in the past 12 years.
I will move on... Everyone will understand the hurdle rate is higher than 7.5% after enough time has elapsed (just like they did with the BS 2.5% CPI number we used to use) and the standard of living decline is significant enough that it cant be ignored anymore. The investor class generally understands the new yearly hurdle rate is 20%-30% (must earn atleast ~120% of last year's return just to break even). Saylor and a few others makes this point often...
I'll leave those that disagree or aren't interested in learning to figure this out the harder way.
How is that a problem? Let's say I work in the grocery industry. Everyone has to buy groceries at some point, whether wealthy or impoverished, and for those on lower incomes groceries are a fairly major share of total consumption. I can check those prices and they haven't gone up nearly as much as you're saying. Ipso facto you're just wrong.
> Remember when house prices went up 20-30% in a 6 month period of 2021? Not inflation?
Inflation is more than just home prices, and just because something is more expensive than it used to be doesn't mean that inflation is the culprit. Supply and demand are still factors. Regardless, rent is accounted for in the CPI (though not assets like home purchases).
Got anything besides home prices? Car prices haven't gone up that much, at least. I can hardly think of anything besides houses and GPUs that (a) impact me and (b) have gone up fairly drastically in price. (Though around here, the suburbs of greater Cincinnati, home prices haven't generally doubled in ten years; my home's valuation is maybe 15% higher than it was when I bought it five years ago.)