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Is There Really a Real Inflation?
If there really is inflationlike, again, you have to think like the trillions of dollars weve put into the economy eventually has to come out in productive goods and services. And the all of that excess capital will probably inflate prices. So maybe we've just done a really terrible job in the last few years of actually measuring inflation the way it should be. But if you look at those three categories, what do they have in common? Education, health care and housing. Massive regulation. The whole thing just made no sense a few years ago.