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Shadowstats[1] shows more than 10% in '80s-based measure. 1. http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_da
by 1ark 5y ago
Shadowstats[1] shows more than 10% in '80s-based measure.
1. http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts
- gruez 5y agoThe same shadowstats just takes BLS CPI and adds a constant to it? https://news.ycombinator.com/item?id=27124745 https://news.ycombinator.com/item?id=27124745
- timmaxw 5y agoShadowstats's 80s-based measure says we've been having 10% YoY inflation for two decades now. If that were true, prices would've 5x'ed since the year 2000. That doesn't pass the 'sniff test' to me; e.g. the Big Mac Index [1] says a Big Mac cost $2.50 in 2000 and $5.50 today, equivalent to about 4% YoY inflation. [1] https://www.economist.com/big-mac-index https://www.economist.com/big-mac-index
- Geee 5y agoIt's not the same Big Mac. It's smaller and lower quality. Check out https://www.reddit.com/r/shrinkflation/ https://www.reddit.com/r/shrinkflation/ which has posts about products that get smaller.