Re:Baby boomers are becoming homeless at a rate not seen sin...
by voidwtf on Monday September 25, 2023 @10:14AM
(#37644112)
Because this method of judging inflation by using “equivalent” substitutes completely ignores the change in quality of life.
Real inflation is what happens when my behavior doesn’t change at all, but my costs increase.
If I keep making adjustments to my behaviors then I’m just trying to counteract inflation, it doesn’t mean inflation isn’t happening.
I point this out because it always seems weird to me that discussing housing / utilities / healthcare / education costs somehow get boiled down to grocery store pricing disparities, when grocery stores allow you to comparison shop (and real estate / electricity / oil / etc don't).