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lovvtide | 2 years ago

Tech is the exception that proves the rule, rather, advancing so fast that the concomitant price deflation outpaced inflation seen in other sectors.

There's an interesting chart that shows how inflation has been distributed very unequally in the economy over the last 20 years. Things like healthcare and housing where the supply is legally/artificially constrained (thus preventing natural price deflation) have seen the biggest increases.

https://www.investors.com/wp-content/uploads/2018/03/CPIChar...

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nojvek|2 years ago

This is only until Dec 2017. The world is a lot different after Covid.

Car prices have definitely shot up quite a bit.