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Aren't the inflation adjustments entirely based on the cost of common goods like flour?
by Houshalter 9y ago
Aren't the inflation adjustments entirely based on the cost of common goods like flour?
- function_seven 9y agoYes, but also a lot of non-food items. https://en.wikipedia.org/wiki/Market_basket#Consumer_basket https://en.wikipedia.org/wiki/Market_basket#Consumer_basket There are a lot of ways to measure inflation. It's tricky because some categories of goods or services didn't exist decades ago, but do now.