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A comment on Summers: Inflation Reached 18% in 2022 Using the Government's Previous Formula. Parent comment

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by tonymet on Monday April 15, 2024 @12:17AM (#40037032)
sure but when you add it up it doesn't feel like much. an additional car and some luxuries.

And it doesn't account for qualities that have degraded. it assumes that since we have more possessions that life is better.

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