Quote:
Originally Posted by Battlebasset
Recent WSJ article noted that with housing and used car prices coming down, that should help inflation numbers.
How many/often houses and used cars does an average person buy in a year? Five years? The two things most care about would be food and energy (gas/electric/gasoline). Most everything else can be curtailed or forgone entirely in some cases (do you really need a new TV, or do you just want one?).
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I agree that there should be a "true" inflation calculated that only includes every day items like food, gas etc. to show the increases in every day items. I agree if housing or automobiles are up this year and I don't buy one for the next 5 years how am I impacted every day by these items?