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by vertak 2250 days ago
I recently read of an alternate measure of inflation called the "Cost of Thriving Index" which aimed to capture the astute point you're making. See page 18 of this document:

https://media4.manhattan-institute.org/sites/default/files/t...

I'm not economist but I've found this captures the feeling that although we're more productive and wealthier, it still feels harder to get ahead and live an average life.