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What are you taking as “advice”? I am stating what should be the un controversial observation that CPI measures things that make up a large percentage of a poor
by voisin 4y ago
What are you taking as “advice”? I am stating what should be the un controversial observation that CPI measures things that make up a large percentage of a poorer person’s costs, whereas for the rich, inflation per CPI is meaningless and that their “basket of goods” purchased in a year is primarily financial assets, which have objectively seen deflation over the last year.
Which part of that statement is unclear to you?