Pre-1983, mortgage costs were in the CPI as were car payments pre-1998. Now, price indexes do not include borrowing costs. Thus, when interest rates jumped last year, official inflation did not fully capture the effects it would have on consumer well-being
-Lawrence Summers
Bourgeois science moment
What if instead of consumer price index it was consumer piss index and it measured the level of piss consumed from trickle down economics?
Please don’t slander piss like that.