4 ms·
The argument is bunk, and your observation is correct: inflation can be higher than the current CPI predicts, but this does not somehow imply that the CPI baske
by woodruffw 3y ago
The argument is bunk, and your observation is correct: inflation can be higher than the current CPI predicts, but this does not somehow imply that the CPI basket should factor instruments that do not disproportionately affect ordinary Americans' finances (or double-count ones already accounted for more directly).