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Explaining the inflation rate (lemmy.world)
submitted 10 months ago by [email protected] to c/[email protected]
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[-] [email protected] 14 points 10 months ago* (last edited 10 months ago)

Or we should switch to talking about affordability indices rather than inflation. Inflation isn't a particularly informative figure for most people. What people really care about is the purchasing power of their income, not what the change in dollar value is.

this post was submitted on 20 Aug 2024
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