2min chapter

The Compound and Friends cover image

12 Things Everyone Got Wrong About Inflation

The Compound and Friends

CHAPTER

Inflation Expectations Surveys

The BLS and their CPI data came up with this thing called owners equivalent rents. This finds its way into a few bullet points because it's 40%. It's the single biggest chunk of inflation. And it's over a third of the total CPI perversely during the financial crisis in the 2000s.

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