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I believe it, but only because I've also watched the adjustments to CPI methodologies.

What I can't believe is that serious people still take the BLS's CPI number seriously.

I'm pretty sure the average Joe would agree with you about the CPI numbers being a complete farce. It used to not matter when it was low. But after covid, when people, largely following the same habits over time, see their grocery receipts go up 15% yet the government quotes 7%, they're not going to forget that for a long time.

It's just innumeracy. Grocery prices are up 26% since 2019. The government isn't lying when it says 7% annually.

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