3 ms·
I don't believe it, $10 says somebody someplace changed how inflation is calculated in order to make the number look better.
by zxcvbn4038 4y ago
I don't believe it, $10 says somebody someplace changed how inflation is calculated in order to make the number look better.
- WakoMan12 4y ago[dead]
- water554 4y agoYes, the government did this a very long time ago
- theropost 4y agoThey regularly updates the basket of goods, and make adjustments
- terran57 4y agoYour $10 needs to be $15 now...
- jonnycomputer 4y ago5% is $10.50, not $15
- roflyear 4y agoDifferent things mean different things for different people. Meaning, 5% inflation may hit one person harder than another. That's valid. However, the same calcs have been used for a while here. All of this economic data needs to be taken and compared with the same data. It can't be used outside of that context and have a lot of meaning. This goes the same for unemployment numbers, GDP, etc. They lose a lot of meaning outside their context. In context, inflation is easing. It may still seem high but it is easing up compared to previous months. How you interpret that is up to you.
- kcplate 4y agoWhy not, they redefined recession…