Re:Skimpflation: A reason inflation is worse than the govern...
by nappy on Monday November 01, 2021 @02:35AM
(#29063648)
The level of luxury people get acclimated to is pretty amazing. I'm trying to imagine the response I'd have received if as a child I had demanded ribeye regularly, or what my grandparents would have said if they heard it discussed in such a manner today, as a product deserved at a cheap price (I gather your family can still afford it.)
[ Parent
| on HN ]
Re:Skimpflation: A reason inflation is worse than the govern...
by rory on Monday November 01, 2021 @10:57AM
(#29067428)
I think you might be getting to the core of the reason these replies have gotten so crazy. Measures like CPI are meant to estimate the expenses of a typical middle-class family. HN is full of people who fancy themselves typical middle-class, but in fact are not.
So higher inflation in premium goods is seen as a crisis. Notwithstanding how fast we'd cook the planet if everyone demanded ribeye every week...