Re:How to invest without knowing the future
by dgm885 on Saturday November 13, 2021 @04:30AM
(#29208586)
The CPI understates inflation. Do you eat out? Go to grocery stores. Calculate you personal inflation rate. For me it seems to be 10% to 15%.
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Re:How to invest without knowing the future
by sb057 on Sunday November 14, 2021 @12:21PM
(#29218652)
Hence my caveat about the BLS having to be honest. That said, while they do massage the CPI numbers (hedonic adjustments making cars cost the same over a 20 year period being the worst example), it has been historically vaguely accurate.