Hacker News new | ask | show | jobs
by solosoyokaze 1939 days ago
Housing, health care and education are all massively inflated. The price of steak isn't a major expense in comparison.
2 comments

Inflation as measured by the fed tracks a basket of stuff more like steak than housing. I’ve seen people instead measure how USD tracks against BTC though, which then does become tautologically correct that USD suffers massive “inflation”
Even if inflation literally only tracked those things, it is still many orders of magnitude off BTC's growth.
People can follow the trend and see where it's going.