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petermcneeley
241 days ago
I think the big mac index is far more accurate gauge of inflation than the B(L)S numbers published by the government.
https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-m...
2 comments
zeroonetwothree
241 days ago
Unless you primarily spend your money on Big Macs (in which case you have bigger problems) I don’t see how that’s true.
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huhtenberg
241 days ago
By the same metric, but using Arizona Iced Tea, there was no inflation for ages.
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petermcneeley
241 days ago
I dont mean to contradict myself but big mac index also doesnt show the true inflation either. This is because it should be easier to make a big make in 2025 than in 1995 due to automation.
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kristianp
241 days ago
Have big macs shrunken over time? They never seemed very large.
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huhtenberg
241 days ago
... and the need for actual beef :)
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