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by microgpt 34 days ago
Oh it's all inflation. Don't pay attention to the inflation numbers from the government - pay attention to how much essentials are up, and assets with similar fundamentals.

Inflation has been focused in assets for... some reason, and assets aren't counted in CPI, giving the government a false signal that it was okay to print more money for a while now.

Have a look at every other stock market, too. They don't usually go up forever like this. They usually stay steady or go up quite slowly.

1 comments

I HATE, HATE, HATE "inflation" numbers. The central banks of all countries openly state that inflation calculations don't include important, massive costs. Like housing.

All inflation numbers are just faked.