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0 pointsbildung4y ago0 comments

> asset classes such as stocks and real estate.

Which is not inflation, but asset appreciation (i.e. the goal of investment). Inflation measures the price level of consumables. Stock and real estate is not consumed.

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tom_mellior4y ago

One person's "asset appreciation" on real estate is another person's inflation of housing costs.

bildungOP4y ago

Housing is part of the CPI https://www.bls.gov/cpi/factsheets/

tom_mellior4y ago

Yes. That was my point: House owners' assets "appreciate" by inflating non-owners' prices.

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0 pointsbildung4y ago0 comments

> asset classes such as stocks and real estate.

Which is not inflation, but asset appreciation (i.e. the goal of investment). Inflation measures the price level of consumables. Stock and real estate is not consumed.

0 comments

tom_mellior4y ago

One person's "asset appreciation" on real estate is another person's inflation of housing costs.

bildungOP4y ago

Housing is part of the CPI https://www.bls.gov/cpi/factsheets/

tom_mellior4y ago

Yes. That was my point: House owners' assets "appreciate" by inflating non-owners' prices.

j / k navigate · click thread line to collapse