How Far Does $1 from 1999 Go Today?

Re:How Far Does $1 from 1999 Go Today? by throw0101b on Monday October 16, 2023 @04:41PM (#37906279)

> You’re completely missing my point: we already have firms who do what the BLS claims to be doing that have greater predictive power and determinative impact on what people play for housing.

I agree that what the BLS is doing is not predictive. Because that's not the point of the CPI: it's measuring what happened in the past.

That's why the numbers that were released on October 12, 2023 were for what happened in September 2023, not November 2023.

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Re:How Far Does $1 from 1999 Go Today? by bugglebeetle on Monday October 16, 2023 @07:03PM (#37907887)

See also determinative, which is what the BLS is trying to measure, i.e. what would be actually paid were the housing made available as a rental. No firm trying to calculate rents for a new rental would do what the BLS does, which is why their number are bullshit. If you can’t acknowledge this, it seems like you’re just being intentionally obtuse.

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