Or, in other words, inflation indexes are an average, and like all averages, it'... | Hacker News

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		crooked-v on Feb 20, 2020 \| parent \| context \| favorite \| on: It takes now 53 weeks salary to earn same as 30 we... Or, in other words, inflation indexes are an average, and like all averages, it's a bad idea to blindly trust it, because sub-groups of the overall data may show much different results.

thedance on Feb 20, 2020 [–]

The problem is not averaging. The problem is these inflation measures specifically exclude major expenses.

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