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The thing you always need to keep in mind about CPI is that it’s a weighted average for the ENTIRE COUNTRY. Like, retirees in Florida who own their own homes ha
by baron816 2y ago
The thing you always need to keep in mind about CPI is that it’s a weighted average for the ENTIRE COUNTRY. Like, retirees in Florida who own their own homes have a very different relationship with prices than young renters in NYC. It really only makes sense to use CPI and other inflation figures when you’re talking about the whole country.