On Tue, 17 Dec 2013 18:16:28 -0800 (PST), wrote:

On Tuesday, December 17, 2013 11:49:04 PM UTC, Matty F wrote:
On Wednesday, December 18, 2013 12:12:15 PM UTC+13, Jim Hawkins wrote:

One thing that is never mentioned in the official
notices of inflation rates is the level of uncertainty
of the figures.

I would question the weightings of the items in their surveys. I don't think that luxury items should be included, only things that people on low incomes need. So no BMWs, cell phones, avocadoes, etc. I have no idea what items they choose but I'll bet many of their choices will be stupid.

The official figures seem to have little connection to my experience of reality.

Quite. And they keep changing the goods in the 'basket'. IMHO this
is to artificially manupulate the figures. Of course you can
calculate your 'personal' inflation. Every time I have done this it
has been way higher than the official figures.
--
(\__/) M.
(='.'=) If a man stands in a forest and no woman is around
(")_(") is he still wrong?