2min chapter

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Why Housing Prices Are So Expensive (EP.313)

Animal Spirits Podcast

CHAPTER

The 12 Month Standard Deviation of CPI

Ben Shapiro: I want to do some stuff on inflation. He made a chart of CPI, all items. That's the blue line. Energy is the gray line. So energy is crazy, right? It's all over the place, which is why core strips out food. And I'm looking at food, Ben, does this look that volatile for you? Food looks like as volatile as everything else. Yeah, that's actually kind of surprising because people always say, go to the grocery store if you want to see inflation. But it so must be just one-off items.

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