Was having a deep conversation with a friend tonight and he raised an interesting thought... in the chart below, the things that are deflationary are mostly "things" while the things inflationary are mostly services.

What does this imply regarding the idea that inflation makes things more expensive? Does it make "things" more expensive or just services? Does housing mean houses or cost of being housed, like rent, gas, electricity, etc?

Does this make you question anything you believe?