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by rory096 2308 days ago
>Why do people use CPI instead of labor

How would one differentiate real and nominal wage/salary increases?

>housing

Shelter expenditures presently constitute 33.2% of the CPI basket.

>housing or stock prices

Asset prices are only very loosely associated with inflation.

>On a similar note, why would anyone trust the federal reserve's numbers given how the federal reserve has lied in the past?

lol. (Also, BLS calculates CPI, not the Fed.)