4 ms·
I think you might be getting to the core of the reason these replies have gotten so crazy. Measures like CPI are meant to estimate the expenses of a typical mid
by rory 5y ago
I think you might be getting to the core of the reason these replies have gotten so crazy. Measures like CPI are meant to estimate the expenses of a typical middle-class family. HN is full of people who fancy themselves typical middle-class, but in fact are not.
So higher inflation in premium goods is seen as a crisis. Notwithstanding how fast we'd cook the planet if everyone demanded ribeye every week...