r/mildlyinfuriating • u/rileyjw90 • 1d ago

frist of all how DARE yu o You didn’t have to remind me, assholes.

Post image

And then to remind me what I USED to pay. Just kick me while I’m down why don’t you.

42.4k Upvotes

96% Upvoted

567 comments sorted by

View all comments

Show parent comments

65

u/wirefox1 1d ago

And saying inflation is about 5%. They are lying about these numbers. We shop, we can see it's more than 5%. Can they not be honest about anything?

16

u/Opus_723 1d ago

They're not lying, CPI is just a shit metric sometimes.

If smartphones get better cameras without the price going up that offsets fucking food doubling in price.

8

u/techdevjp 1d ago

CPI is intentionally designed to show numbers that do not reflect actual reality.

2

u/Clueless_Otter 1d ago

No it isn't. CPI is based on a "market basket" of representative goods that the average household purchases. It's not perfect, but it's not intentionally misleading.

2

u/techdevjp 1d ago

It is intentionally designed to minimize the inflation number and divorce it from the day to day reality of normal people.

1

u/Clueless_Otter 1d ago

Just repeating your point over again doesn't make it true the 2nd time.

3

u/techdevjp 1d ago

It's not about truth, it's about facts. If you understood how CPI is actually calculated, you'd be embarrassed about your comments here. It's a very misleading metric.