54 Remember that quarter-century period that recently ended, when new auto prices DIDN'T GO UP AT ALL (if you believed the @BLS_gov)? That was what went into the CPI, and almost nobody questioned it. Good times. (twitter.com) posted 74 days ago by SophiesBoyfriend 74 days ago by SophiesBoyfriend +55 / -1 29 comments share 29 comments share save hide report block hide replies
Wait until you hear about "hedonic quality adjustments". The CPI will "calculate" that today's shitbox is actually cheaper than yesteryear's shitbox because of power windows, CD players, or other tacked-on shit.