While the spirit of your post is true, I think inflation is a lot of different things. Generally when people talk about inflation they are talking about the valuation of currency and buying power on a global scale… That doesn’t include corporation inflation, nor does it include consumer prices.
This is one of those economic terms that gets thrown around a lot but everyone can be correct. Colloquially, while talking about “inflation”, most people are talking about their own personal expenses, particularly among necessary goods, where it definitely applies, with CPI.
I’d just be careful speaking in absolutes here… Baseline economic inflation that is talked about in the news is different from conversational “inflation”, but people often conflate the two.
Kind of one of those “all squares are rhombuses” things… Not all inflation is talking about prices that would be affected by corporate profits.
While the spirit of your post is true, I think inflation is a lot of different things. Generally when people talk about inflation they are talking about the valuation of currency and buying power on a global scale… That doesn’t include corporation inflation, nor does it include consumer prices.
This is one of those economic terms that gets thrown around a lot but everyone can be correct. Colloquially, while talking about “inflation”, most people are talking about their own personal expenses, particularly among necessary goods, where it definitely applies, with CPI.
I’d just be careful speaking in absolutes here… Baseline economic inflation that is talked about in the news is different from conversational “inflation”, but people often conflate the two.
Kind of one of those “all squares are rhombuses” things… Not all inflation is talking about prices that would be affected by corporate profits.