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The way inflation is measured has radically changed over time. You can't realistically compare current numbers to those in the 70s. The same redefinition issue
by wakawaka28 2y ago
The way inflation is measured has radically changed over time. You can't realistically compare current numbers to those in the 70s. The same redefinition issue affects unemployment data. The only people I know trying to do apples-to-apples comparisons are the guys running https://www.shadowstats.com https://www.shadowstats.com