heh. “inflation i think is a bad word”. exactly my sentiment. an abused word, an excuse, an obtuse and meaningless sound… ie., “homes should cost $X because if you take the year 2000 price and add z% every year for *inflation*, you end up at $X”. total nonsense, devaluation of the dollar, whether at a a steady (and controlled) rate of z% or at some fluctuating rate due to excess operation of the printing press, dollar devaluation is the X factor, not “inflation”.
dollar devaluation. exactly what is happening, no mystery, no confusion, no nonsense. “inflation”, a convoluted obsfucation of the truth.