3 ms·
The stuff people actually care about has been rising faster than CPI. Cars, housing, meat, metals, lumber, etc. are all going through the roof. Inflation is a v
by wyager 5y ago
The stuff people actually care about has been rising faster than CPI. Cars, housing, meat, metals, lumber, etc. are all going through the roof. Inflation is a vector, and any reduction to a scalar involves taking the dot product of that vector with a weight vector. Under my personal weight vector, and I suspect most people’s weight vector, inflation is a lot higher than CPI.
- wonderwonder 5y agoFood prices are insane right now. I used to leave the grocery store with a spend of ~$90 now I average ~$120. Its anecdotal but it adds up.