Re:Stigler Diet
by Houshalter on Monday March 05, 2018 @05:53PM
(#16525312)
Aren't the inflation adjustments entirely based on the cost of common goods like flour?
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Re:Stigler Diet
by function_seven on Monday March 05, 2018 @06:16PM
(#16525466)
Yes, but also a lot of non-food items.
https://en.wikipedia.org/wiki/Market_basket#Consumer_basket
There are a lot of ways to measure inflation. It's tricky because some categories of goods or services didn't exist decades ago, but do now.