Economists Having Fun With Inflation
- Author
- SL Advisors, LLC
- Published
- Wed 01 Jan 2025
- Episode Link
- https://sl-advisors.com/economists-having-fun-with-inflation
The other day I read a tweet complaining that since 1971 household family income had increased 5.5X (from $10K to $55K) while the median cost of a new car has gone up by 12X ($4K to $48K). It’s not quite correct. Median family income has risen to $101K, so has almost kept up. But it […]