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...
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...