You don't think understanding the drivers is important to fixing the disparity? Or do you only want to slap a bandaid on the symptoms and never fix the cause?

Here was my question. Nowhere in your comment do I see a direct (or indirect) answer to this

>Do you acknowledge that an inflation rate as a percentage is meaningless without access to the raw values?

I'm going to assume your answer is "no". If a Ruble and a Yen undergo the same inflation, how do you explain them having different values? Or do you think two currencies that undergo the same inflation rate have the same values?

It's funny you quoted the BLS, because if you pay closer attention to it, you'll see it's saying the same thing I am to you.

You're not getting it, let's try a different avenue.

A percent change, by definition, requires two data points: a before and an after. A Ruble and a Yen may undergo the same inflation rate (percent change) but still retain vastly different values (relative to each other).

Do you acknowledge that an inflation rate as a percentage is meaningless without access to the raw values? That's what OP is trying to do: construct, in some way, the raw values.

sigh. If your argument is to use something that by definition reports a rate, obviously it will be in a rate. Again, misleading. OP isn't reporting a CPI, and if you can't recognize that then honestly I'm not surprised.

The only one being misleading here is you. When you talk about "established economic theory", be sure to include the caveat that it's the model you agree with. There are countless other ones.

Gone to? It was always shit.

I wouldn't use that shithole even if Twitter paid me $8/month to use it.