Hacker News new | ask | show | jobs
by eatsyourtacos 10 days ago
Because they basically pick and choose what's in there.

If you sat down and did the math on what it costs someone to pay rent / mortgage, car insurance, health insurance, daycare, schooling, going out to eat and drink, doing anything for entertainment, go to the grocery store.. it's not a debate that the real inflation is significantly higher all the time than what is used to measure the number.

1 comments

But that’s exactly what the inflation measures of the BLS is - someone doing the math on what all these things cost.