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Because people can’t internalize regional variance. So since the beginning of time, it’s not noticed when the national number is higher and fraud when it’s lowe
by JumpCrisscross 5mo ago
Because people can’t internalize regional variance. So since the beginning of time, it’s not noticed when the national number is higher and fraud when it’s lower.
- jazzpush2 5mo agoAh, you're right. A broad, contrarian dismissal is exactly the way you should respond in any conversation related to CPI/inflation. By the way, that coffee is $9. Sorry, Brazil tariffs and everything else - you understand.
- JumpCrisscross 5mo agoThere are legitimate complaints with CPI. The Reddit variety is mostly statistical illiteracy. > that coffee is $9 Lots of coffee data [1]. One I think tracks a cup in a city is up 17% YoY. [1] https://data.bls.gov/timeseries/APU0000717311&series_id=CUUR0000SEFP01&series_id=CUUR0000SS17031&series_id=CUUR0000SS17032 https://data.bls.gov/timeseries/APU0000717311&series_id=CUUR...
- BobaFloutist 5mo agoI think a broad, contrarian dismissal of a broad, contrarian dismissal of a metric is, while unhelpful, not inappropriate.