3 ms·
> Regardless, I keep stats, and I'm doing worse than I was years ago. My rent has gone up about $300 a month (16%) I have to hand it to you, this is one of the
by tathougies 7y ago
> Regardless, I keep stats, and I'm doing worse than I was years ago. My rent has gone up about $300 a month (16%)
I have to hand it to you, this is one of the most insidious ways to misrepresent the true rate of inflation. If it was intentional, kudos to you; you almost tricked me. If it was not intentional, then a quick math nitpick:
If your coffee has increased 16% in price from five years ago, the average inflation rate (which almost always means per-year rate, and certainly means per-year given the stats cited above) is actually 16/5 = 3.2%.