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This is false, they actually do take it into account. It’s a pretty obvious thing to do after all, it’s not like the CPI is calculated by morons. https://www.b
by zeroonetwothree 3y ago
This is false, they actually do take it into account. It’s a pretty obvious thing to do after all, it’s not like the CPI is calculated by morons.
https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflation-and-its-impact-on-inflation.htm https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflati...
- WalterBright 3y agoThe CPI is not calculated by morons. It is calculated by the government with a strong incentive to come up with as low a figure they can get away with. Sort of like the Soviet industry production figures, which included phantom industries pumping out imaginary products. GDP looked great!