4 ms·
Do you have any evidence that “we are lying about inflation”? Unless you do, I think it those industries are getting more expensive due to Baumol’s Cost Diseas
by andrewmutz 8y ago
Do you have any evidence that “we are lying about inflation”?
Unless you do, I think it those industries are getting more expensive due to Baumol’s Cost Disease:
https://en.m.wikipedia.org/wiki/Baumol%27s_cost_disease https://en.m.wikipedia.org/wiki/Baumol%27s_cost_disease
- 0x445442 8y agohttp://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts
- VHRanger 8y agoShadowStats inflation is literally the CPI minus a constant. The guy making is completely laughing at you -- he doesn't have a methodology to calculate the inflation, he's just publishing numbers people want to hear.