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dgm885 | 4 years ago

The CPI understates inflation. Do you eat out? Go to grocery stores. Calculate you personal inflation rate. For me it seems to be 10% to 15%.

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sb057|4 years ago

Hence my caveat about the BLS having to be honest. That said, while they do massage the CPI numbers (hedonic adjustments making cars cost the same over a 20 year period being the worst example), it has been historically vaguely accurate.