@[email protected] to [email protected] • 5 months agoGrind rulesh.itjust.worksimagemessage-square12fedilinkarrow-up1337arrow-down13
arrow-up1334arrow-down1imageGrind rulesh.itjust.works@[email protected] to [email protected] • 5 months agomessage-square12fedilink
minus-squareFranklinlink4•5 months agoWait, I thought our measurements for inflation were based off of standardized goods. Are they really not valued as a ratio of cost to weight?
minus-square@kitnahtlink9•edit-25 months agoThe USA uses “Core Inflation” for the calculation, which doesn’t include the “food and energy sectors” because their prices are “too volatile”. i.e. If they included them, inflation would look REALLY bad, so they just don’t. For completely made up reasons. Go look up the CPI (Consumer Price Index) if you want the REAL inflation numbers. They’re so much worse than anyone is willing to say.
Wait, I thought our measurements for inflation were based off of standardized goods. Are they really not valued as a ratio of cost to weight?
The USA uses “Core Inflation” for the calculation, which doesn’t include the “food and energy sectors” because their prices are “too volatile”.
i.e. If they included them, inflation would look REALLY bad, so they just don’t. For completely made up reasons.
Go look up the CPI (Consumer Price Index) if you want the REAL inflation numbers. They’re so much worse than anyone is willing to say.