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> Maybe by their metrics Macroeconomic data is never going to feel "true" to everyone. As the economy has boomed, plenty of people still struggled. Inflation
by smt88 4y ago
> Maybe by their metrics
Macroeconomic data is never going to feel "true" to everyone. As the economy has boomed, plenty of people still struggled.
Inflation is measured across a very wide range of individual circumstances. I personally have seen very little inflation in my area, certainly less than the country as a whole has seen. There will always be pockets that are far from the average.
- Rackedup 4y agoBut they do manipulate the rules frequently to make it seem like the inflation is not as bad as it seems...
- smt88 4y ago> they do manipulate the rules "They" = the Bureau of Labor Statistics[1]. Do you know who appointed to head of that bureau? Donald Trump. Can you cite a source that explains how (and why) a Trump appointee would want to hide inflation from the public? 1. https://www.brookings.edu/blog/up-front/2021/06/28/how-does-the-government-measure-inflation/ https://www.brookings.edu/blog/up-front/2021/06/28/how-does-...