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Econoclast · 4298 days ago · link · · parent · post: CPI Inflation Stuck at Zero as Fiscal and Monetary Policy Threaten to Turn Procyclical
Your right about the components. The average doesn't really mean a lot. The basket of goods consumed is different for age groups, income groups. There can be effective inflation for one person and deflation for another. Each of us needs our own CPI, really, when you get right down to it.