re: Debunking wild conspiricies

quote:

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Core Inflation: Because who needs energy and food?

Just kidding around, but CI is a bit of a fig leaf when food and energy are two of the most important priorities for allocating dollars in human society.

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I agree that it's a flawed metric (just like most economic metrics) but what are you going to do? You add food and energy and you end up with a nonsensical metric that is too volatile to use.

Also, despite it's flaws, you can still compare apples to apples and look at core inflation over time, and compared to historical levels it's pretty darn low.