Tag: Inflation
Chasing Wealth: Why It Gets More Expensive Every Year
A curious inflation story from the past year: the Cost of Living Extremely Well Index—which tracks billionaire spending—rose 5.5% in 2025, roughly twice the inflation most households experienced. Yachts, private jets, designer fashion, and trophy homes—status-heavy purchases—climbed faster than everyday costs.
When spending is tied to visibility and signaling success,...
