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by bandrami 145 days ago
Health care and education are the two that have really outpaced inflation, the trade-off being that basically all durable and consumable goods have run way below inflation.
1 comments

Inflation is the rate at which prices rise. If things are getting more expensive faster than inflation, you're just undercounting inflation.
Inflation is the rate that a whole basket of goods gets more expensive. At least that’s how CPI is calculated and it’s what I meant by it. Since that number is averaged across a bunch of goods and services, there will always be some that increase faster or slower than inflation as a whole.