Why would inflation measure some Veblen good only a small fraction of the popula...

		refurb on Aug 1, 2021 \| parent \| context \| favorite \| on: Restaurant prices in the 19th and 20th centuries (... Why would inflation measure some Veblen good only a small fraction of the population can afford? The price of Rolex watches has also massively increased, but that doesn’t go into inflation calculations either.