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155 sats \ 3 replies \ @Signal312 10 Jul \ parent \ on: The Fallacy of “Measuring” Inflation econ
In Zimbabwe during the hyperinflation there was a "3 boiled eggs" index, that was actually reported on in financial reports.
The Big Mac index seems too changeable. It might just be me, but I feel like hamburgers have been getting thinner.
Yesterday I had a reminder of shrinkflation - I just looked in a bathroom cabinet, where we had stocked up on some shampoo on sale. The new bottle vs the old one (bottle size was different, but both were called a "family pack" and were otherwise the same) was a shrinkage of 15% in contents.
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I like these unofficial and localized data collections — precisely because they’re not a general snapshot, they avoid the biases of locations and seasonal patterns that don’t matter to me.
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