3 ms·

The data, and the algorithm, are public. You just have to look. You say energy prices have skyrocketed? well yeah, and that is reflected. year over year, incre

The data, and the algorithm, are public. You just have to look. You say energy prices have skyrocketed? well yeah, and that is reflected. year over year, increased over 30%, according to this: https://www.bls.gov/cpi/ https://www.bls.gov/cpi/ The truth there are different inflation measures that tell us different things about the economy. Also, when the structure of the economy changes, the indexes used might mismatch what people are actually paying. We live in wild times, and it very well might be that there is more uncertainty in the numbers, or more mismatch from lived experience, than there used to be. https://www.bls.gov/cpi/factsheets/common-misconceptions-about-cpi.htm https://www.bls.gov/cpi/factsheets/common-misconceptions-abo...

fuoqi 4y ago
>You just have to look. Have you done it? Can you confidently say that you can completely reproduce it? What I would like to see ideally is something like a spreadsheet with all formulas, coefficients, and inputs being inside it for every published CPI value. And every calculation input in the spreadsheets has to include its source. As the famous saying goes, there are 3 kinds of kinds of lies: lies, damned lies, and statistics. There is a LOT of wiggle room to play with inputs, coefficients, wights, and various adjustments.
- shusaku 4y ago
  It seems like your only excuse for skepticism is that you’re too lazy to put in the work