Bull Market Hits a Milestone: 3,453 Days – Most Americans Aren’t at the Party

Re:Bull Market Hits a Milestone: 3,453 Days – Most Americans... by mslate on Wednesday August 22, 2018 @03:26PM (#17821278)

My housing and the healthcare services I pay for are the same as in 2008. I now have to pay twice as much in USD for the same goods and services.

That is the definition of currency inflation.

Exchanging more for the same.

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Re:Bull Market Hits a Milestone: 3,453 Days – Most Americans... by conanbatt on Wednesday August 22, 2018 @03:32PM (#17821345)

That is an adjustment of relative prices, inflation is the generalized increase in nominal prices of all goods.

There is something called "asset inflation" but its not a correct terminology.

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Re:Bull Market Hits a Milestone: 3,453 Days – Most Americans... by mslate on Wednesday August 22, 2018 @03:46PM (#17821467)

When housing and healthcare are >50% of my expenses, how much more general does the increase have to be to be counted as “inflation”?

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Re:Bull Market Hits a Milestone: 3,453 Days – Most Americans... by conanbatt on Wednesday August 22, 2018 @04:10PM (#17821717)

It has to affect your salary too, which tends to be >50% of your income.

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