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A comment on Why the 2% Inflation Target? (2023). Parent comment
The price of typewriters, film or rotary phones are completely irrelevant to the cost of living today and would be meaningless to include.
You don’t substitute beef with beef. You substitute elk with beef, if elk used to be a stable but now isn’t.
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The price of typewriters, film or rotary phones are completely irrelevant to the cost of living today and would be meaningless to include.
You don’t substitute beef with beef. You substitute elk with beef, if elk used to be a stable but now isn’t.