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Morgan Housel on Inflation, Incentives, and Investing through Bear Markets
Motley Fool Money
What Is the Most Interesting Part of the Inflation Conversation?
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There is no such thing as the inflation rate. It's just your own indiviual household. If you have a hundred mile daily commute, then of course you are more sensitive to gas prices than someone who works from home all the time. And that's wh i think it's so controversial en wy, people get so up tight about it. I want to get to some things you've written recently. But at first, a huge topic of conversation, including on this stage yesterday, is inflation. The number one thing you will agree with, i'm sure, is that the inflation number that is published every month does not reflect reality.
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