The value of a house changes as the dollar rises or falls? How? We are not exporting or importing the house.
Inflation is much higher than the gov’t 2% number. If you adjust for inflation (gov’t CPI), wages are flat. If you adjust for the true inflation, wages are falling, as is the value of my CD which is paying only 4.75%. True inflation, to anyone purchasing/living in this country, would involve taking a basket of good we actually purchase, in percentages we actually spend. Why do they make healthcare less than 1% of CPI, when it is $800/mo/family, and about 10% of the median family’s income? Why exclude gas and food, just because they are volatile. And just so everyone knows, retail was up last month mainly because of gas station sales. I hope all the dots are connected with this explanation.
