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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (51852)4/11/2006 12:23:30 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>why isn't inflation also "booming"?<<<

Who said inflation wasn't booming???

Oh. That's right, the government. They have a vested interest in understating inflation ever since Ted Kennedy indexed social security to the CPI.

Where there is obvious inflation:

Energy: Between 50% to 100% more this year than last to drive your car or heat your home. Same value with a higher price tag. Inflation.

Housing: Prices up 50% since 2000?? Some higher. Same value, higher price. Inflation.

Medicine/Health Care: Same value (try less) with about 2X the cost over the last five years. Inflation.

I know, I know - the "core" inflation is unchanged, and computers - which undoubtedly give one much greater value for way less (Bill Gates notwithstanding) compensate for everything else being up.
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