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It's not funny dude, that is a serious problem. I have parents on Social Security and I have to pay for their budgetary shortfall. Social Security in particular
by wakawaka28 3y ago
It's not funny dude, that is a serious problem. I have parents on Social Security and I have to pay for their budgetary shortfall. Social Security in particular is supposed to be adjusted for inflation, which is one of the reasons the numbers are deliberately wrong.
>But seriously, there is a huge difference between "I think this metric is off by 3x or more" and "I think this metric is off by 1.4x"
I think annual inflation is actually 10% right now and probably got up to 20% during the pandemic. Depending on when you look at it, that is 2-3x what the official numbers say. Prices have not gone up uniformly across categories of course, but most things are significantly more expensive than than the official numbers would predict.
- Dylan16807 3y ago> I think annual inflation is actually 10% right now and probably got up to 20% during the pandemic. Then you're talking about a completely different situation than ein0p. You shouldn't have replied to me about it. But I do think I misread your comment earlier, or something. Ignore the ha ha. Is there any chance you edited it right away, or did I just utterly fail to read?
- wakawaka28 3y ago> Then you're talking about a completely different situation than ein0p. You shouldn't have replied to me about it. I was respinding to the 1.4x vs 3x error thing. I didn't edit the comment (I think). I'm not actually offended by the haha. I just think people may lose touch with the fact that these stats aren't just fun and games, and that some people get seriously screwed by inflation. If you thought houses were expensive before, that's probably just the beginning.