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You are here: Home » Big Items

If Everything Big is Increasing in Cost at Some Rate Faster than Inflation Why Hasn’t Inflation Risen to Match?

Published on October 15, 2019 by Tim McMahon Leave a Comment

I recently answered this question on Quora.  And I thought I would share an expanded answer with you as well. Whenever a question starts with an assumption you need to examine whether that assumption is in actuality true. If the assumption is vague enough it can be fairly difficult to determine and we might be tempted to go with the basic assumption. In this case, the assumption is that "everything" "big" is increasing in price faster than average. We have no clue what he means by "everything" (I'm sure he isn't being literal) and what does he mean by "big"? Large as in houses, and cars, or expensive like Yachts and Lamborghinis, or things that are a large portion of the average person's … [Read more...]

Filed Under: Inflation Tagged With: Big Items, inflation, Luxury

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