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This is if you actually believe CPI is a legitimate measure, despite the cost of all the big ticket expenses like housing, education, and healthcare increasing 5x or more above inflation.
That’s true, though I can’t say for the US, in the UK, inflation is still ridiculously calculated. about it, because staples like pasta and rice weren’t included, but champagne was.
This is if you actually believe CPI is a legitimate measure, despite the cost of all the big ticket expenses like housing, education, and healthcare increasing 5x or more above inflation.
That’s why they’re conveniently not part of the inflation equation.
That’s true, though I can’t say for the US, in the UK, inflation is still ridiculously calculated. about it, because staples like pasta and rice weren’t included, but champagne was.