3 ms·
I don't have a horse in this race outside of general skepticism of official numbers (though inflation is particularly difficult to fake since you can literally
by somenameforme 1y ago
I don't have a horse in this race outside of general skepticism of official numbers (though inflation is particularly difficult to fake since you can literally just buy/assess the basket of goods the figures represent yourself), but I don't think this is the rejoinder you're looking for. Eggs went from 0.975 to 3.587, a 3.68x increase. CPI went from 1.69 to 3.23, a 1.9x increase. So the price of eggs increased 93% more than nominal inflation.
- deleted 1y ago[deleted]
- acdha 1y agoWouldn’t that make eggs the outlier? For CPI to be wrong you’d have to show similar rises in lots of other things.
- hyperpape 1y agoYou could look at the graph and argue that eggs show official uninflation was underestimated from 2000 to 2025, but to be consistent, you'd then have to argue that it was overestated from 1985 to 2000. I have two points, really: I appreciate the graph showing pretty good correlation between official CPI and the price of a very widely consumed Secondarily, you can observe (not by thinking about eggs, b/c I don't remember what they cost in 2000, but just prices in general), that there hasn't been huge inflation since 2000 compared to the official numbers.