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pipes
on June 7, 2023
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Amount of work that once bought an hour of light n...
Until the very recent inflation increase, food has been cheaper than ever. It's been making up less and less of household budgets for decades.
https://seekingalpha.com/article/92689-over-the-past-100-yea...
HWR_14
on June 7, 2023
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The basket of goods doesn't look random, and I wonder if it was chosen specifically and wrongly to make that point.
tourmalinetaco
on June 8, 2023
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What would comparing random food prices prove? There is literally no benefit to comparing the price of let’s say dragonfruit when the average American doesn’t eat dragonfruit. Using common ingredients that’s always in demand sets a strong baseline.
HWR_14
on June 8, 2023
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"Random" was probably the wrong word to use. "Properly representative of average food costs" is probably a better phrase.
redblacktree
on June 7, 2023
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Now do housing.
jjoonathan
on June 7, 2023
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Just buy 3 fewer iPhones every month, problem solved!
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https://seekingalpha.com/article/92689-over-the-past-100-yea...