▲ | FirmwareBurner 6 days ago | |
Exactly. Don't know about all of Europe, but I find the way inflation is calculated in the countries i lived here as bad faith since it intentionally omits housing costs. So just like a commenter below said, I haven't seen a single country where I spent any significant amount of time, where official inflation numbers were not seeing as a complete joke by the common folks. Everyone unanimously agreed the numbers are gamed in order to control public opinion. I've also seen a lot of gaslighting from politicians with mental gymnastics on how the population is not poor but actually rich because "look how many (Asian made)washing machines you can buy with an average salary here today, while for previous generations this type of items was a luxury". Yeah mate, my parent could barely afford a European made washing machine, but they could afford their own house at age 25-30, working jobs that required litte education. Must be all that avocado toast to blame. | ||
▲ | 6 days ago | parent | next [-] | |
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▲ | Al-Khwarizmi 6 days ago | parent | prev [-] | |
Yes. I'm from Spain, and here housing rental costs are included in inflation... but they're a 4% of the index. Which is laughable, as most people are spending more like 30%-50% of their income on rent. The rationale is that most people (read: people over 50 or 60) live in houses they own, those spend 0 on rental, so if you calculate the average expenditure on rental, it's low. And buying houses counts as an "investment" so it's not included. So basically what you say: totally gamed. |