U.S. CPI calculation change in January. CPI was formerly based on two years of consumption data. Now, CPI will be based on a single year of data.
Every time inflation is too high, they simply change the basket or the calculation. FRAUD
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21 sats \ 1 reply \ @siggy47 12 Jan 2023
They prefer comparing the numbers to last year, which had the highest inflation numbers in 40 years despite decades of numbers fudging.
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10 sats \ 0 replies \ @2minutebitcoin 13 Jan 2023
This allows them to have the lowest possible CPI in 2023, as the base they're comparing to is the highest.
If they had used the 21/22, the base would be lower hence the delta (inflation) would be higher.
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20 sats \ 0 replies \ @NorthKoreanHostage 13 Jan 2023
I for one welcome our new insect overloads.
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11 sats \ 0 replies \ @zappa 13 Jan 2023
100% Fraud. As @saylor stated inflation is not a scalar, is a vector and depends on the medium it moves thru. Any single figure is basically wrong yet conveniently accepted by the fiat academy world.
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11 sats \ 0 replies \ @TheBTCManual 13 Jan 2023
Lol I am still amazed people take these figures seriously, its been bastardised to death but traders allocate capital based on it, so even though its fake as F, it has pretty real changes in the market
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11 sats \ 1 reply \ @cryptocoin 12 Jan 2023
From OP's Tweet:
US CPI calculation to change for January inflation data
https://www.financialexpress.com/investing-abroad/featured-stories/us-cpi-calculation-to-change-for-january-inflation-data/2944976/
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25 sats \ 0 replies \ @ElChair0 13 Jan 2023
Bureau of Labor Statistics-Consumer Price Index
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10 sats \ 0 replies \ @TomK 13 Jan 2023
I would eliminate everything except of imported chines plastic.
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10 sats \ 0 replies \ @gandlaf21 13 Jan 2023
BREAKING: Fiat is a shitcoin scam
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