A Boring Dystopia

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Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

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"but- But- inflation go brrrr 🥺👉👈" (lemmy.world)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 5 months ago (1 children)

but I’ve also been suspicious of the reported inflation numbers

Check the purchasing power of your money against hard assets like gold, stocks, land, housing, etc. "Inflation" numbers we get are CPI numbers, and those are intentionally doctored to show lower "inflation" values. For starters, they assume "stable" prices that don't change are normal. That is a lie as prices should be going down all the time due to improved production processes. Once you realize inflation is underreported and that wages don't even keep up with that..

[–] [email protected] 1 points 5 months ago

My point exactly. I understand that some people feel the numbers are calculated very consistently, and I guess that’s fine, but does it really reflect what consumers are feeling? I don’t think so. Plus, inflation has been a hot button political issue. A healthy skepticism feels appropriate.