A bubble is full of nothing.
Just watched The Apartment with Jack Lemmon. Set in NYC in 1960. He earned 95 dollars a week and his huge apartment was 85 dollars a month. He paid less than one weeks salary for his monthly rent in the city. My son said he wished. The real measure of inflation as hidden taxation is the story of working harder and netting less. Value proxies gamed and value bled from the nation.
Massively. What species does this to its young?
In 1977 a year at Princeton for everything was maybe $5000/yr and was one of most expensive schools.
Starting salary out of college was comfortably more than full cost of four years. Today's grads would need to find starting salaries of well over 250000/yr and more for same margin. Not common.
The absolute greediest back climbing scum in the nation have clawed their way to power in DC and are bleeding the nation ... have bled the nation...for all it is worth and then some. Not satisfied with spending all there is they are and have been well into spending all there will be.
Chinese venture capital picking over the bottom of the tech barrel. Tech breeds demand for tech...long shifting out of US. End game here. USA is new UK empire in long term decline for last 50 years.
Endemic inflation totally driven by government schemes, plural. Nation gutted.