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davidgay • today at 5:59 AM • 1 reply • view on HN

Or, in another world, the official US CPI definition (https://www.bls.gov/cpi/) is 16.3% based on energy prices.

I strongly suspect this definition strongly correlates with what most people call inflation (my fuel bill went up! and strangely, not heading to work wasn't really an option).


Replies

WalterBright • today at 6:15 AM

Inflation is characterized by a general price increase, not a price increase in one commodity.

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