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re: The US BLS has announced that coffee prices will no longer be factored into CPI inflation

Posted on 5/12/24 at 9:48 pm to
Posted by Oilfieldbiology
Member since Nov 2016
37604 posts
Posted on 5/12/24 at 9:48 pm to
Wait, so they take out the most inflated materials to get a more normalized sense of inflation? Wouldn’t that just make it more inaccurate?
Posted by LegendInMyMind
Member since Apr 2019
55007 posts
Posted on 5/12/24 at 10:02 pm to
quote:

Wait, so they take out the most inflated materials to get a more normalized sense of inflation? Wouldn’t that just make it more inaccurate?

That's not what this is. It is what it was portrayed as, but the truth of it was sniffed out pretty quickly.
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