alt Hacker News8.7% annual inflation is pretty high but most luxury goods have kept up with that
Check Porsche 911 / Boxster pricing in Canada over those years or Chanel bags
Luxury inflation > normal inflation
8.7% annual inflation is pretty high but most luxury goods have kept up with that
Check Porsche 911 / Boxster pricing in Canada over those years or Chanel bags
Luxury inflation > normal inflation
Luxury inflation is more than normal inflation, but this isn't a luxury even though it's not necessary, and the price isn't going up due to the steady cause of inflation (money creation).