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Local price changes aren't inflation
6 points
by
rhyswallace
about 4 years ago
2 comments
rhyswallace
about 4 years ago
Tried to post the original piece's title. Appears HN removes the "Your" from the title upon posting?
cyanydeez
about 4 years ago
inflation is empirically defined as a change in price of a basket of goods.<p>theres no intrinisic locality in this, so it doesnt matter what scale its applied at.