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> of all the fudgeable numbers in economics, consumer inflation is the one they should try to be the most honest about. A lot of government liabilities are tie
by gottorf 1y ago
> of all the fudgeable numbers in economics, consumer inflation is the one they should try to be the most honest about.
A lot of government liabilities are tied to CPI, so there's a strong incentive on the part of the government to under-report inflation.