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Does this plan make sense? v2
(lemmy.world)
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this post was submitted on 07 Mar 2024
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substitute inflation with CPI: that’s what we do in australia… inflation is a finance term that kinda doesn’t represent cost of living: you’re seeing that in the US right now i believe where your inflation is actually not terrible, but your cost of living is crazy
CPI does introduce some BS though because it’s not exactly a specific set of rules… we had an issue recently where the govt set CPI lower than what people thought it should be and everyone was pretty outraged