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Thank you for your comment. I have a follow up question, if you don't mind. I'm not an expert, so is my comment mostly correct? I only brought up CPI to illust
by amrcnimgrnt 5y ago
Thank you for your comment. I have a follow up question, if you don't mind.
I'm not an expert, so is my comment mostly correct? I only brought up CPI to illustrate an example of a widely purchased thing not being included in that particular metric. The rest of the comment, I think, was agnostic to the particular metric used. The point being that what the economic situation an individual or family faces is far more complex than any one metric and the people of a country can become less well off than the metrics reflect.