One thing to keep in mind even with these numbers is that a lot of people call it the CPLie because if anyone runs the numbers they immediately find out it's totally fake.
For example, anyone who pays rent knows that rent is up hundreds of percent compared to the past. They mess with that number as they mess with all these numbers.
As for an example of what might look like a more representative number, if you go back to the 1980s they measured inflation one way, probably a more correct way back when they were actually trying to find out what that was, in the 1990s they switched to a slightly different way, and in the 2000s they went whole hog with a third Way. Websites like Shadow stats show what inflation would be based on those previous methodologies and they're overwhelmingly higher. Going by those previous methodologies, the world has been in a Great depression for decades.
For example, anyone who pays rent knows that rent is up hundreds of percent compared to the past. They mess with that number as they mess with all these numbers.
As for an example of what might look like a more representative number, if you go back to the 1980s they measured inflation one way, probably a more correct way back when they were actually trying to find out what that was, in the 1990s they switched to a slightly different way, and in the 2000s they went whole hog with a third Way. Websites like Shadow stats show what inflation would be based on those previous methodologies and they're overwhelmingly higher. Going by those previous methodologies, the world has been in a Great depression for decades.
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