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by H8crilA 1988 days ago
Why not TSLA/gold? That proves there is inflation! Or I know, BTC/USD, that clearly proves there's lots inflation and look at that bitcoin price is perfectly correlated with it!

(I am only half-joking here, the point is that broad inflation is much much more important than some bull market in this or that asset class)

On a more serious note a lot of commodities are looking really bullish, including some foodstuffs, and that's obviously not good news ...

1 comments

Real estate inflation is the real driver behind practical inflation all over the world though.

Real estate bubble -> High deposits for house purchases -> High rents -> Effective inflation

Most governments don't include real estate (or even rent payments) in their inflation calculations to keep it artificially low.

> Most governments don't include real estate (or even rent payments) in their inflation calculations to keep it artificially low.

Housing is > 40% of the US CPI:

https://www.bls.gov/cpi/tables/relative-importance/2019.pdf