Birdwatch Note Rating
2023-10-18 18:25:03 UTC - HELPFUL
Rated by Participant: 91FA6AD0C0A0BC2FB26D17E0693FC2852E6523C4B98327DD07C1233059EB7809
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Original Note:
NNN The CPI no longer measure inflation on a basket of goods. It measures cost of living changes and in many cases, hides true inflation numbers because it takes into account changes in buying habits, we buy less expensive items when the economy is slow thus skewing the data. https://www.forbes.com/sites/perianneboring/2014/02/03/if-you-want-to-know-the-real-rate-of-inflation-dont-bother-with-the-cpi/?sh=2a85ab79200b
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