Has anyone made some kind of index of cost of living by age? Education inflation doesn’t affect old people much, they’re hedged on housing, Medicaid helps with healthcare—maybe if you’re over 65, your effective inflation rate is zero.
> weird except ... that's more or less what happens, right? so the "weird" is rhetorical ?
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It’s a weird dynamic because we usually think of fixed income as having a nominal and real yield, not a nominal yield and a real yield *that differs for different investors*.
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ahhhhh, I take your point
End of conversation
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