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petermcneeley 15 hours ago

I think the big mac index is far more accurate gauge of inflation than the B(L)S numbers published by the government.

https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-m...

zeroonetwothree 15 hours ago | parent | next [-]

Unless you primarily spend your money on Big Macs (in which case you have bigger problems) I don’t see how that’s true.

huhtenberg 15 hours ago | parent | prev [-]

By the same metric, but using Arizona Iced Tea, there was no inflation for ages.

petermcneeley 14 hours ago | parent [-]

I dont mean to contradict myself but big mac index also doesnt show the true inflation either. This is because it should be easier to make a big make in 2025 than in 1995 due to automation.

huhtenberg 11 hours ago | parent [-]

... and the need for actual beef :)