60 sats \ 1 reply \ @Bell_curve 14 Apr \ parent \ on: Summers: Inflation Reached 18% In 2022 Using The Government’s Previous Formula econ
We know CPI is useless because it ignores consumer spending items such as food and energy.
Excluding food is a joke and irresponsible
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20 sats \ 0 replies \ @Undisciplined 14 Apr
That's certainly true. I didn't realize CPI included interest payments before 1983, which was obviously a big deal recently.
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