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There's been plenty of inflation in sectors like education and healthcare except the government, conveniently, doesn't count that as 'core.'
by patfla 8y ago
There's been plenty of inflation in sectors like education and healthcare except the government, conveniently, doesn't count that as 'core.'
- pas 8y agoInflation is pretty well measured (and "core" - which is a term not used by BLS - includes healthcare, education but does not include food and energy: https://www.bls.gov/news.release/archives/cpi_09132018.htm https://www.bls.gov/news.release/archives/cpi_09132018.htm ), but there are a lot of crackpots out there, for example read this detailed rebuttal of one such: https://moneymaven.io/economonitor/emerging-markets/deconstructing-shadowstats-why-is-it-so-loved-by-its-followers-but-scorned-by-economists-DWhA0PwhhkOHkzTLLeCvpQ/ https://moneymaven.io/economonitor/emerging-markets/deconstr...