Inflation Gauge Leaves Out Many Items \ stacker news ~econ

pull down to refresh

Inflation Gauge Leaves Out Many Items www.bloomberg.com/news/articles/2024-10-22/us-cpi-inflation-doesn-t-account-for-some-of-your-biggest-expenses

391 sats \ 13 comments \ @siggy47 29 Oct econ

view all related items

85 sats \ 8 replies \ @grayruby 29 Oct

What's the opposite of hedonic adjustments? Everything is getting crappier. Tried to open a package of tortillas yesterday and the new ziploc resealable packaging they are using (clearly to cut costs so they don't have to raise prices again) is absolute crap. You can't open it without tearing the plastic. and rendering it useless.

My wife bought my daughter some safety scissors for art projects. She used them twice and they broke. Had to buy a new pair.

40 sats \ 0 replies \ @Bell_curve 29 Oct

opposite of hedonic is hedonistic lol

40 sats \ 2 replies \ @siggy47 OP 29 Oct

I notice it a lot with plastic packaging. Everything is smaller, too. We need a magnifying glass to identify the wrapped candy bars we're giving for Halloween. (Exaggeration) Also, I snuck one yesterday. Is it my imagination, or do candy bars taste like crap now? My wife doesn't even need to hide it before Halloween.

43 sats \ 1 reply \ @grayruby 29 Oct

Yes. They are definitely not as good. The odd time we get chocolate we go to a local shop that makes their own chocolates and candies. So much better, you eat it way less often and helps a local business.

20 sats \ 0 replies \ @Signal312 30 Oct

To eat it EVEN less often, try this recipe. I used to make my own chocolate (before going carnivore/animal based). It's pretty good, with a definite coconut flavor. You can add things like peanuts/raisins. The chocolate bar molds can be purchased online.

In small metal bowl 50 g coconut oil

1/8 teaspoon salt 30 g cocoa powder 30 g dried milk powder (whole milk, Nido brand) 50 g powdered sugar

Melt coconut oil in a double boiler ( can also just put the metal bowl in a small pot filled with water, so the bowl is touching the boiling water)

In another bowl, measure out the rest of the ingredients, and mix well.

Stir the other ingredients into the melted coconut oil

Pour into chocolate bar molds

40 sats \ 3 replies \ @StillStackinAfterAllTheseYears 29 Oct

I HATE those "resealable" packages. The ones for our cat treats always have the ziploc eventually come off one side of the bag completely, and half the other foods have the little notch where you tear it to open essentially where the zipper is.

Ironically, this means we end throwing a lot of our snack packages into actual Ziploc bags.

40 sats \ 1 reply \ @Signal312 30 Oct

Here's what I do with those awful resealable packages.

Instead of opening them at the "resealable" end, I cut them open on the OTHER end.

Then to close it, I fold it the bag over a couple times, and use a binder clip (or something like that). It works great, and avoids the frustration of those resealable packages.

0 sats \ 0 replies \ @grayruby 30 Oct

Good plan.

0 sats \ 0 replies \ @grayruby 29 Oct

This is Krugman approved. Now you have to buy cat treats and ziploc bags.

43 sats \ 0 replies \ @Signal312 30 Oct

unpaywalled version:

https://archive.vn/MhEiW

43 sats \ 0 replies \ @Bell_curve 29 Oct

Price Gauge or Gouge?

43 sats \ 0 replies \ @Satosora 29 Oct

They are only picking the metrics that suit there story. Not unbelievable when it is punlished from bloomberg.

43 sats \ 0 replies \ @Undisciplined 29 Oct

It's not even just that it leaves out many items. Seemingly the bulk of a normal household budget gets excluded, at least from the headline cpi figure.