11 sats \ 0 replies \ @nout 12 Apr 2022
Even with adjusted "shadow CPI", it's still not any meaningful number. That's like saying the average temperature in the US is 67.3°F. It well may be, but it has exactly zero usefulness for whether I should wear shorts today...
People should think about what's their personal inflation based on things they spend per month and expensive things they would like to buy.
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10 sats \ 0 replies \ @Majjin 12 Apr 2022
So if inflation keeps increasing as it has been (no reason why it wouldn't, even with the meager interest rate hikes) we'll be in double digits by June. And that's with the cap that is CPI.
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10 sats \ 3 replies \ @TheBTCManual 12 Apr 2022
According to shadow stats, its at 17% lol, when will the madness end
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0 sats \ 0 replies \ @jack 12 Apr 2022
shadowstats is wrong according to their own numbers over the past two decades. If they were accurate since 2002, the dollar would have decreased in value much more dramatically (around 6% a year vs the official CPI around 2%). It's probably true that the CPI is understated but shadowstats is a provably worse methodology than the official CPI estimates.
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0 sats \ 1 reply \ @hodlbod_fr 12 Apr 2022
I've heard this number referred to in a number of places, what is it, how it calculated, and where can I find it?
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100 sats \ 0 replies \ @TheBTCManual 12 Apr 2022
http://www.shadowstats.com/alternate_data/inflation-charts
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21 sats \ 0 replies \ @k00b 12 Apr 2022
Personal anecdote:
We ordered Indian food last night for the first time in awhile. It was roughly 20% more expensive than it was a year ago.
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0 sats \ 1 reply \ @kilianbuhn 12 Apr 2022
I think their meddling with food/energy was a big mistake. Now the numbers are neither saying much nor accurate.
They should have reported 2 numbers: one with and one without food/energy. Would have given a more insight into the price-wage-spiral.
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0 sats \ 0 replies \ @G 12 Apr 2022
But that's exactly what they're trying to avoid. they don't want the general public to think things are spiraling. These numbers are intentionally misleading unfortunately
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0 sats \ 0 replies \ @falsefaucet 12 Apr 2022
i bet reported US CPI is over 10% by the end of the year. anyone wanna do a DLC
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0 sats \ 0 replies \ @G 12 Apr 2022 freebie
8.5% is the reported number.. things are gonna get a lot worse before they get any better.. hold on tight