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People generally know what it means. The impact is from the fact that they know real inflation is worse than what is reported, and if the reported inflation is
by xwdv 4y ago
People generally know what it means. The impact is from the fact that they know real inflation is worse than what is reported, and if the reported inflation is more than expected that’s a pretty bad sign.
Also, any rise in prices, while small, is likely permanent at this point.
- deleted 4y ago[deleted]
- atq2119 4y agoGiven that the headline of the article is clearly wrong, as another commenter pointed out, I don't think people generally know what it all means. They have feelings associated to the topic, certainly, and those shouldn't just be dismissed. But humans are in general famously bad at dealing intuitively with numbers. Why should inflation be the outlier to this rule?