re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today

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My point is that CPI is made up of a lot of things. The fact that your grocery bill is up 30% over the last 3 years doesn’t mean that everything is up 30%, but that’s really difficult for some to understand around here

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That’s correct, but in no measure should the price of TVs be a consideration. TVs are a luxury and a very infrequent purchase for consumers

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And like I continue to say, people just completely ignore their net worth growth and their actual income growth over the same time frame.

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This board had increases to net worth and actual income growth over the past 4 years. That is the exception to the rule in the population though - most people are worse off now than they were 4 years ago. Incomes have not risen with core inflation across the board, nor have net worths, only stock related assets and real estate equity - neither of which significantly effects the average person, as equity in your own home doesn’t help things and the average person has little stock portfolio