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CPI is a bullshit number. CPI indexes Social Security COLAs, TIPS payouts, tax brackets, and federal pensions. Every 0.1% shaved off CPI saves the Treasury real
by iwontberude 3mo ago
CPI is a bullshit number. CPI indexes Social Security COLAs, TIPS payouts, tax brackets, and federal pensions. Every 0.1% shaved off CPI saves the Treasury real money on its indexed obligations.
- PaulDavisThe1st 3mo agoPlease tell me more. It is acknowledged as not covering some costs that affect many people severely. But that does not by itself make it a bullshit number.