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It's an outlier until it isn't. If the trend continues then you can argue for normality.
by arberx 5y ago
It's an outlier until it isn't. If the trend continues then you can argue for normality.
- lmilcin 5y agoSo I understand you say that general price increase is just a statistical fluke. A lot of business owners decided to increase their prices for no underlying, common reason? The fact is understanding the common underlying reason for the price increase is very valuable and that is why we measure short term inflation. Would you prefer the government wait now and ignored the situation until later when it is going to be more difficult to deal with it? I thought most people usually argue the other way and claim governments are too slow to react.