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Comment by kindfellow92 | Hacker News Reader

> If you take $10,000 USD in cash and put it in the freezer, in a year it would be worth $9,700 of today’s value.

> Yep you read that right. Holding USD means the cash will be “worth” less next year. This is because of a 3% inflation rate.

USD inflation is effectively dead ATM and has been since at least the early 2000s.

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Yeah, where did they get that number? As I understand it the FED hasn't met its target 2% inflation rate in years.

Edit: It seems I was somewhat mistaken: the FED set the 2% inflation goal in 2012[1] and hasn't met it since, but there are various ways to measure inflation, so it depends on who you talk to.

[1]https://www.nytimes.com/2017/07/24/us/politics/us-inflation-...

How has inflation been "dead" since the early 2000s?

https://data.bls.gov/timeseries/CUUR0000SA0L1E?output_view=p...

https://www.statista.com/statistics/244983/projected-inflati...

http://www.usinflationcalculator.com/inflation/historical-in...

Sigh, compare the trends in the last 17 years to the trends in the previous 17 years and the 17-year periods prior to that.

“Effectively dead” does not mean 0.0%

How do you reconcile this with the extreme cost increases since the mid 2000s in education, healthcare, and housing (rent, at least).

Those things are considered a problem because they are increasing faster than inflation.

Those things are not related to inflation. Look at the CPI.

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