return2ozma@lemmy.world to United States | News & Politics@lemmy.ml · 1 day agoInflation is outpacing wage growth again, squeezing Americans’ paycheckswww.cnbc.comexternal-linkmessage-square5linkfedilinkarrow-up151arrow-down10
arrow-up151arrow-down1external-linkInflation is outpacing wage growth again, squeezing Americans’ paycheckswww.cnbc.comreturn2ozma@lemmy.world to United States | News & Politics@lemmy.ml · 1 day agomessage-square5linkfedilink
minus-squareassaultpotato@sh.itjust.workslinkfedilinkarrow-up1arrow-down4·edit-224 hours agoGuy who doesn’t understand the CPI. Like you do know they typically report consumer inflation based on “a basket of standard household goods”, right? No one uses yacht sales to measure inflation. You can even see what goods they use for the CPI in case you’re worried I’m a secret billionaire trying to get you to ignore my yacht deflation. https://www.bankofcanada.ca/rates/price-indexes/cpi/ https://www.statcan.gc.ca/en/statistical-programs/document/2301_D68_V1 Be mad about everything being expensive but don’t be ignorant. And you’re so confident in your ignorance, too, “I’m amazed at how stupid our society is”. Like damn, this shit’s free to search for online, at least make sure you’re right first.
Guy who doesn’t understand the CPI.
Like you do know they typically report consumer inflation based on “a basket of standard household goods”, right? No one uses yacht sales to measure inflation. You can even see what goods they use for the CPI in case you’re worried I’m a secret billionaire trying to get you to ignore my yacht deflation. https://www.bankofcanada.ca/rates/price-indexes/cpi/ https://www.statcan.gc.ca/en/statistical-programs/document/2301_D68_V1
Be mad about everything being expensive but don’t be ignorant. And you’re so confident in your ignorance, too, “I’m amazed at how stupid our society is”. Like damn, this shit’s free to search for online, at least make sure you’re right first.