62 This is a great visual of what nonsense the CPI is. New car prices supposedly basically unchanged from 1995 until early 2021, now spiking. CPI is not just some math geeks' model, it's become an exceedingly misleading and dangerous tool. (media.kotakuinaction2.win) posted 2 years ago by NotAGlowy 2 years ago by NotAGlowy +63 / -1 11 comments download share 11 comments share download save hide report block hide replies
My father bought a new car for 6 months of his salary, and a house for 2 years of his salary.
I can buy a new car for 2 years of my salary, and a house for 10 years of it.
Someone help me with this. I feel like normal cars were in the $20-$27K range and normie luxury cars were $30-$37K pretty much all my life. There’s a steady upward trend but it’s been fairly stable for like 20+ years. Am I wrong?
I think everyone has their own basket of inflated purchases.
In my case : a 1999 fully loaded suburban was like $35,000
2013 suburban LTZ was $57,000
2022? $80,000+
Anything useful seems locked behind a paid subscription. Not even sure what it offers.
http://www.shadowstats.com/alternate_data/inflation-charts
Is it run by this John Williams?
https://m.youtube.com/c/ThisisJohnWilliams/videos
No