Re:Coinbase valued above $100B, ahead of direct listing
by anm89 on Saturday February 20, 2021 @02:27PM
(#26207021)
They also just listed the set of the largest expenses for a vast majority of our society (even if you don't pay for education)
Re:Coinbase valued above $100B, ahead of direct listing
by dragonwriter on Saturday February 20, 2021 @02:55PM
(#26207238)
> They also just listed the set of the largest expenses for a vast majority of our society
Buying a house is an asset acquisition, not an expense. Housing is an expense (and typically the single greatest household expenses), but that expense has increased in price less than home prices.
The next greatest expenses are food and transportation.
Re:Coinbase valued above $100B, ahead of direct listing
by graeme on Saturday February 20, 2021 @04:42PM
(#26208242)
Further people are buying more housing than they used to.
If people buy four household computers that isn’t inflation, but how does buying a 4 bedroom home rather than two bedroom show in inflation stats?
So,yeah, when even the rapidly inflating segments aren't anywhere close to hyperinflation, it's pretty clearly not general hyperinflation.
And stagnant wages are a completely unrelated issue to hyperinflation, though obviously wage increases mitigate and wage stagnation or decline exacerbates the effect of whatever inflation there is on wage earners.