6 ms·
>Of course, that all assumes that you use a reasonable measure of inflation that’s stable, well-designed, and applied methodically and consistently over many de
by anonym29 15d ago
>Of course, that all assumes that you use a reasonable measure of inflation that’s stable, well-designed, and applied methodically and consistently over many decades.
Too bad the measure that everyone points to is far from stable¹; BLS's various CPIs² have been consistently and substantially modified over time, and not for purposes aligned with the interests of consumers³.
¹ https://www.bls.gov/cpi/additional-resources/historical-changes.htm https://www.bls.gov/cpi/additional-resources/historical-chan...
² https://www.shadowstats.com/article/cpi-glossary https://www.shadowstats.com/article/cpi-glossary
³ https://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement https://www.shadowstats.com/article/no-438-public-comment-on...