Even with adjusted "shadow CPI", it's still not any meaningful number. That's like saying the average temperature in the US is 67.3°F. It well may be, but it has exactly zero usefulness for whether I should wear shorts today...
People should think about what's their personal inflation based on things they spend per month and expensive things they would like to buy.
Even with adjusted "shadow CPI", it's still not any meaningful number. That's like saying the average temperature in the US is 67.3°F. It well may be, but it has exactly zero usefulness for whether I should wear shorts today...
People should think about what's their personal inflation based on things they spend per month and expensive things they would like to buy.