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How do we “know” this?


Paid for healthcare, housing, or schooling recently?


So no answer except an appeal to anecdotes?


‘Core’ inflation excludes most of this, explicitly.

[https://wolfstreet.com/2021/03/30/the-most-splendid-housing-...], [https://www.pgpf.org/article/why-are-americans-paying-more-f...]

Average Housing costs as a multiple of average salary are at 10x, and increasing. Roughly where they were in the 80’s during hyper inflation.

Healthcare spend has increasing from 5% of GDP in ‘62 to 17% of GDP in 2022.

Education cost data is similarly insane - [https://educationdata.org/average-cost-of-college#:~:text=Th....]

With an average 4 year degree (living on campus) costing > $100k.

If you need a study to tell you traffic is terrible right now, you might just have no idea what’s happening.




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