Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Inflation is the rate at which prices rise. If things are getting more expensive faster than inflation, you're just undercounting inflation.


Inflation is the rate that a whole basket of goods gets more expensive. At least that’s how CPI is calculated and it’s what I meant by it. Since that number is averaged across a bunch of goods and services, there will always be some that increase faster or slower than inflation as a whole.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: