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by Yoric
253 days ago
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I seem to recall that there are lots of criticism around the CPI these days, in part because it does not take into account debt. I don't remember the specifics, but I remember reading that if you do take debt into account, things look much worse. |
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It's literally called consumer price index. Why would "debt" ever come into it? At best it's trying to move the goalposts from "prices are rising" to "consumers are worse off financially".