I'm struggling to make sense of how all asset prices are going upupup, but inflation in CPI terms remains hovering around zero/negative, and bond yield curves suggest low inflation expectations. What am I missing.
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if the bundles were renormalized around housing prices / food prices / online services you might see real inflation. supply is clearly limited as well
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its the second one. Literally nothing important is included in inflation measure. Everything for my small biz has increased like 30% but no inflation.
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