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Re:Coinbase hits number 30 in the top free apps on Apple's m... by lotsofpulp on Thursday January 07, 2021 @04:17PM (#25677615)
My original comment was tongue-in-cheek about how CPI is irrelevant to day to day life for many people and the disconnect people feel from what CPI versus what they experience (or they believe they experience).

I assume it's all wrapped up in the widening income/wealth divides, rewards of automation and outsourcing going to capital owners, and reduced opportunities or perceived opportunities for many resulting in lower quality of life than they expected. That's not going to be captured by any numbers, especially not in a single number nationwide for a place as big as the US.

CPI measures something, and perhaps it's useful for economists or policymakers, but it has been useless as a predictor for how much income I will need to keep up with expenses in day to day life.

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