Every metal, and really every commodity, has has recent price hikes above the of... | Hacker News

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		dlcarrier 6 months ago \| parent \| context \| favorite \| on: The anti-abundance critique on housing is wrong Every metal, and really every commodity, has has recent price hikes above the official BLS CPI numbers. That says far more about official inflation numbers than it does commodity markets.

once_inc 6 months ago [–]

This! Since our money is being inflated away, hard assets like precious metals, bitcoin, and real estate get bid up because those with cash bleed out purchasing power.

dlcarrier 6 months ago | [–]

    those with cash bleed out purchasing power

I like to call that "inflation".

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