40% of Americans can't cover a $400 emergency expense

Re:40% of Americans can't cover a $400 emergency expense by aarongray on Tuesday May 22, 2018 @07:02PM (#17130187)

Yes, but all of them being commodities (what I said) is not the same as inflation only being accurate when someone purchases every commodity available in the marketplace (what you said).

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Re:40% of Americans can't cover a $400 emergency expense by onecooldev24 on Tuesday May 22, 2018 @07:16PM (#17130264)

doesnt this look like the chart of CPI https://finance.yahoo.com/chart/DBC

https://www.bls.gov/charts/consumer-price-index/consumer-pri...

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Re:40% of Americans can't cover a $400 emergency expense by onecooldev24 on Tuesday May 22, 2018 @07:06PM (#17130208)

Thats exactly how asset managers construct a portfolio thats suppose to track inflation.

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Re:40% of Americans can't cover a $400 emergency expense by aarongray on Tuesday May 22, 2018 @07:13PM (#17130247)

Inflation of a portfolio of iPhones is completely different than inflation that an average American pays due to cost of living changes in the economy. You're cherrypicking a hypothetical scenario that doesn't apply at all to the example at hand, which is the average person's ability to pay for emergencies that arise related to living expenses.

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Re:40% of Americans can't cover a $400 emergency expense by onecooldev24 on Wednesday May 23, 2018 @04:48AM (#17132379)

All I am saying is that $400 in 2013 is not worth $430 today, Its wort a LOT MORE! Stop arguing like a idiot.

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