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| Topic | news keeps saying groceries are more expensive cuz of inflation |
| 1337toothbrush 11/19/22 9:03:26 PM #28: | Naysaspace posted... Inflation is measured using a standardized "basket of goods". Some are high, others low. The average is 8%.More like basket of bullshit. It's not even "standardized" either since they'll change it up, claiming it's to better fit the buying habits of people, but really just to fudge with the numbers. Food, housing, energy, and healthcare are all WAY up and the biggest budget items for people. Food at a minimum is 20% more expensive in general and the rest are up by a much higher amount. They'll include things like big screen TVs and mobile phones to lower the number, but technology is inherently deflationary since manufacturing costs are low and the initial high price is to recoup R&D. There is also a lot of room to fudge the numbers by picking different food items that may not have raised by much. --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg ... Copied to Clipboard! |
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