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Another Measure Of Inflation

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How would one interpret this figure. (i.e the difference between 50% and the 5-10% real inflation reported on this forum or the 2-3% of CPI)

A widening of the gap between "rich" and "super rich" ? The number of the former decreasing in real terms ? ( stockmarket crashes & money-printing re-distributing wealth. )

Given that these people would probably be measuring "relative lifestyle" - is this measure of inflation strangely less disconected from reality than CPI?

50% seems extreme, but more in line with the view that a long period of HPI is actually high inflation (as is commonly accepted on this board)

Edited by t350t

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this stuff makes me mad

the likes of the sunday times wailing that the rich (or middle class as they call them) are squeezed by inflation

fact - we're seeing higher commodity prices due to reemergence of former communist powers like china and russia to their full potential

fact - poorer people spend a greater share of their income on food and energy. and when i say food. i mean food. i mean rice and wheat not something with 'value added' i.e it has ian wright saying breakfast is great

fact - poorer people have a higher inflation rate than richer people

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  • 297 Brexit, House prices and Summer 2020

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      • down 5% +
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