• @[email protected]
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      265 months ago

      The real bullshit is replacing products to use the alternatives people are buying due to inflation to make it seem like inflation is lower.

      If I’m buying tofu instead of chicken that shouldn’t be what the calculation is based on, otherwise we’ll go all the way down to only have beans and rice in the basket and say “See, inflation isn’t so bad!”

      • @Num10ck
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        45 months ago

        kind of like how the Dow Jones and the S&P500 and the Russel2000 type indexes will adjust what they contain, which makes it seem like growth is higher.

        • @[email protected]
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          45 months ago

          Yeah, it’s kind of misrepresentation by medias that they refer to indexes so much when talking about markets health, ideally they would mostly talk about broad market ETFs’ performance instead since they would be invested in everything at once.