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by zeroonetwothree 866 days ago
This is false, they actually do take it into account. It’s a pretty obvious thing to do after all, it’s not like the CPI is calculated by morons.

https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflati...

1 comments

The CPI is not calculated by morons. It is calculated by the government with a strong incentive to come up with as low a figure they can get away with.

Sort of like the Soviet industry production figures, which included phantom industries pumping out imaginary products. GDP looked great!