One of the basic concepts in economics is that things get more expensive over time. But there is a lot of nuance in such a simple idea. Not everything goes up by the same amount, and in fact not everything goes up.
As you can see in the table below, Televisions, toys and furniture have all gotten less expensive over the last 20 plus years,. What makes the cost of some items go up while others go down?
As you can see in the table below, Televisions, toys and furniture have all gotten less expensive over the last 20 plus years,. What makes the cost of some items go up while others go down?
This idea, among ot…
The post What’s Driving Inflation? appeared first on The Irrelevant Investor.