Comments by "" (@pierreollivier1) on "Are Governments’ Inflation Data Reliable? - VisualEconomik EN" video.
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The thing that i disagree, is that we should take into account technological progress into account, because it’s a very tricky subject, for example if you bought a 500£ computer today, to do some spreed sheets, some google, and some emails, and 2 years later you buy a computer that’s 1000£ but it’s twice as powerful as the other one, if you haven’t changed the way you use your computer this is inflation, but in my country they’ll say that since it’s twice as powerful therefore even tho it’s twice the price, it has actually not inflated.
Same can be say for a dishwasher, maybe the new one clean dishes 10% better, but does it have an impact on your life ?
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