The idea of true ‘price stability’ often gets tossed around, but as someone who’s spent years evaluating value—both seen and unseen—I find it’s more myth than reality. In the US, when the price of one thing rises, it’s often because our spending habits shift, not because everything gets more expensive at once. For instance, while technology has become more affordable (just think of the supercomputers in our pockets), those savings often get redirected toward other finite luxuries like hotel rooms, sports tickets, or tuition—which have climbed in cost. This is a reminder that no central authority, not even the central bank, can control every moving part. Countless transactions and global forces shape what things cost. From my vantage point, especially when guiding clients on high-end waterfront properties, it’s clear that a steadier dollar could channel investment away from inflation hedges and into real value—compressing some prices, but making truly scarce assets even more prized. Ultimately, lasting price stability doesn’t exist. Shifting prices can actually signal healthy growth and opportunity, not just economic challenges.
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