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darioush 12 hours ago

Meanwhile, government will tell you inflation is some number like ~5%

hibikir 12 hours ago | parent | next [-]

Inflation is an average of many things. Computer components have a huge spike in demand with insufficient increase in supply, which is going to lag for years, so we might as well be buying at auction. It's not a price that flows through the entire economy, like the price of oil.

So yes, inflation on average is nowhere near as high as in RAM prices.

timacles 9 hours ago | parent | next [-]

You really believe food, gas and house prices are not increasing at the same amount?

Some day we will look back and think about how dumb we were to allow them to lie to us about what inflation really is

Kirby64 6 hours ago | parent [-]

> You really believe food, gas and house prices are not increasing at the same amount?

No, I don't think food, gas, and house prices, have 5x'd in price like RAM has. This is abundantly obvious.

sph 11 hours ago | parent | prev | next [-]

> Inflation is an average of many things

What other things have been getting cheaper in the last ~2 years?

And as it's an average of many things, it's quite easy to change which 'things' it is calculated upon to show whatever number is more convenient politically.

rsanek 9 hours ago | parent | next [-]

Turns out, BLS actually lists this stuff when they release CPI figures.

Used cars & trucks; butter; cheese; flour; chicken; textbooks; drugs are all down since ~2 years ago. Not an exhaustive list!

https://www.bls.gov/news.release/cpi.htm

treis 10 hours ago | parent | prev [-]

Eggs. That was the last omg inflation is crazy story and now they're about as cheap as they've ever been.

xutopia 6 hours ago | parent | prev [-]

What doesn't inflation consider though? Government numbers on inflation make no sense to average folks.

RaSoJo 11 hours ago | parent | prev | next [-]

Unfortunately all govt. bodies have been tampering with the economic indicators due to political pressure.

Small tweaks to macro-economic calculations, can turn into a huge divergence very fast. A one degree error in a compass read seems small...but after a thousand miles, your destination is history.

Tis reaching (or reached) a stage where mostly everyone is blind as to where the economy actually is.

Mega private companies now hire stat firms to run such studies in-house, ignoring gov data[1]

[1] https://rsmus.com/insights/economics/the-rise-of-private-lab...

11 hours ago | parent | prev | next [-]
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brandon272 12 hours ago | parent | prev | next [-]

Politicians pretend it’s much lower. Or claim that deflation is occurring through statements like “we are bringing prices down”.

wat10000 11 hours ago | parent | prev | next [-]

The base model 13" MacBook Air released in 2020 was $1,299. Today, Apple raised the price of the current base model to... $1,299.

The base model 14" MacBook Pro released in 2021 was $1,999. Today, Apple raised the price of the current base model to, you guessed it, $1,999.

And of course it should go without saying that the current models are substantially better.

Edit: don't know where that $1,299 came from, Apple's announcement says $999: https://www.apple.com/newsroom/2020/11/introducing-the-next-...

That's a 30% increase. Over 5.5 years, that's right about 5% per year.

yardie 11 hours ago | parent | next [-]

The base model 13" MBA was $799. I remember because I needed a laptop for our son to continue attending school during COVID shutdown.

11 hours ago | parent | prev [-]
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draw_down 12 hours ago | parent | prev [-]

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