“Deflation”
Housing, medical care, college and many other things are too costly.
The things that are deflating are the durable goods you buy every three or four years. But if you buy insurance, education food and a house you’re screwed.
Agreed. Coincidentally, I spent some time over the weekend comparing the rising costs of those items (housing, medical care, etc.) and compared them to my income for the past 5 years. I realized things were worse than I had imagined.
Not good. Not good at all. Very depressing.