News for hackers. Stuff that matters.
Re:A $100k Prize for a Decentralized Inflation Dashboard by gruez on Thursday August 05, 2021 @09:53PM (#28082417)
>It reads a bit like they are grouping people who’ve own their home for 50 years in with those who just bought - similar to how they calculate rent.

>[...] For a new homeowner, mortgage interest is probably 5-10x utilities.

Sounds like you're upset that the index is an average of everyone, and therefore doesn't recognize your individual struggles?

>A house is not just an investment, it’s a different experience owning versus renting.

Eating food grown yourself is a different experience than shopping at the supermarket. Should we factor farm land cost into the CPI?

Re:A $100k Prize for a Decentralized Inflation Dashboard by acover on Thursday August 05, 2021 @10:27PM (#28082633)
When measuring the price index of natural gas should you average in contracts written 50 years ago but still active, regardless of whether that price is currently available on the market?

> Eating food grown yourself is a different experience than shopping at the supermarket. Should we factor farm land cost into the CPI?

If 70% of the population paid for a "gardening experience" like they do for gym memberships, etc then yeah I would expect that to be in CPI.