drblah1
drblah1 t1_jef738y wrote
Reply to ELI5:Why do we exclude the price of things like Food, Housing and Energy costs when looking at the total number for inflation? by DeludedRaven
In regards to real estate, it's because the average person stays in a home they purchased somewhere around 10 years before buying another and moving. Although the value of a person's house obviously affects their bottom line, people can easily live through an inflation increase and decrease cycle without ever having to deal with the real estate market. Locked in interest rates can easily avoid the cycle as well. Stuff like the prices of groceries, gas etc are felt by everyone constantly and are a better measure of what people are dealing with in regards to inflation.
drblah1 t1_jdpz7mf wrote
I'd say either Kermit the Frog or Kenny Powers
drblah1 t1_jcn3wjh wrote
Reply to comment by Prismzzz in Bed Bath and Beyond is selling used pencils and pens now by Prismzzz
You're wearing someone else's filthy jacket? That's even worse.
drblah1 t1_j8qzsoo wrote
Reply to comment by DangerBay2015 in Bills' Damar Hamlin says he meant no disrespect with jacket. by PrincessBananas85
Amen
drblah1 t1_j6ke0wc wrote
Reply to comment by MmmTsch in A photo of someone taking a photo of a photo of the Beatles by -Carel-
drblah1 t1_j63vlj4 wrote
drblah1 t1_j2ec6u1 wrote
Last time I went to Mexico you could even buy cocaine from the guys renting kayaks by the beach. Good stuff too.
drblah1 t1_j1y302d wrote
That lady in the front is showing way too much elbow
drblah1 t1_izru23d wrote
Reply to TIL: The GAU-8/A AVENGER was designed and initially produced by an appliance company, General Electric. by visual_observer
Fun fact: General Electric doesn't own GE Appliances. It has been majority owned by Chinese multinational home appliances company Haier since 2016. The company was owned by General Electric until 2016, and it was previously known as GE Appliances & Lighting and GE Consumer & Industrial. Haier has the right to use the GE brand name until 2056.
drblah1 t1_jef8uid wrote
Reply to comment by DeludedRaven in ELI5:Why do we exclude the price of things like Food, Housing and Energy costs when looking at the total number for inflation? by DeludedRaven
That's a reason why real estate may be excluded. All this stuff is tracked however, and things like food and energy may or may not be included in certain numbers as well. Energy can be affected by things like wars, natural and unnatural disasters and shutdowns, while food is subject to extreme weather, diseases, fuel costs etc. However you want to count it though, all these things either directly or indirectly affect the cost of everything else eventually.
The things affecting a family of 5 and the things affecting someone running a business are very different, so various tracking methods and numbers are used.