Earlier quoted context omitted.
that's an excellent point. Clarify a bit the notion of the fixed basket, I'm thinking mostly of unit prices. I think that could get a bit fuzzy too because of practices like shrinkflation cluttering up the analysis. I think SKUs should actually be tied to fixed things like weight where applicable. I wonder what the rules are surrounding that, basically make it so that if you change the weight of a product you have to…
By "fixed basket" I'm talking about the issue of people getting higher quality goods as their income increase, or buying more or less of something (eg. takeout) as their lifestyle changes.
The USA Inflation Rate by Truflation Is 4.21%
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Re: The USA Inflation Rate by Truflation Is 4.21%
#72This makes sense. It has been one years since the war started which was the leading cause of inflation. Now with the first year passed, we compare today’s prices to after war prices a year ago, which were already high. I’m expecting the rate go down further the next months. EDIT: of course I’m not suggesting inflation started on the day bullets started flying. Things were heating up before with Russia slowing down ex…
Re: The USA Inflation Rate by Truflation Is 4.21%
#73Earlier quoted context omitted.
By "fixed basket" I'm talking about the issue of people getting higher quality goods as their income increase, or buying more or less of something (eg. takeout) as their lifestyle changes.
yah those instances I would think would break a given "SKU run" if you will, it would have its run in an individual's life under a given time regime. It would phase in and it would phase out.
Re: The USA Inflation Rate by Truflation Is 4.21%
#74Earlier quoted context omitted.
I wonder if we all tabulated all our expenses in the most fine grained detail and calculated our own personal rates of inflation how meaningful it would be to have percentiles of our population to say things like 50% of citizens experience a personal inflation rate of x.xx%. That would be very fascinating. I'm almost there myself with some web order scraping I've been playing with. It's a lot of work but once I tackl…
That's a pretty novel concept - you've inspired me : )
Re: The USA Inflation Rate by Truflation Is 4.21%
#75This makes sense. It has been one years since the war started which was the leading cause of inflation. Now with the first year passed, we compare today’s prices to after war prices a year ago, which were already high. I’m expecting the rate go down further the next months. EDIT: of course I’m not suggesting inflation started on the day bullets started flying. Things were heating up before with Russia slowing down ex…