this post was submitted on 15 Jul 2024
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[–] kitnaht 9 points 7 months ago (1 children)

AND are also NOT part of the measure of inflation...for...some fucking reason...

[–] franklin 4 points 7 months ago (1 children)

Wait, I thought our measurements for inflation were based off of standardized goods. Are they really not valued as a ratio of cost to weight?

[–] kitnaht 9 points 7 months ago* (last edited 7 months ago)

The USA uses "Core Inflation" for the calculation, which doesn't include the "food and energy sectors" because their prices are "too volatile".

i.e. If they included them, inflation would look REALLY bad, so they just don't. For completely made up reasons.

Go look up the CPI (Consumer Price Index) if you want the REAL inflation numbers. They're so much worse than anyone is willing to say.