>Nevertheless, there is little dispute about the direction of the overall bias in these indexes, and considerable consensus as to the magnitudes of the individual biases.
99% or people get the direction of the overall bias wrong. When learning what the consensus says, they don't believe it and revert to anecdotes and feelings.
The "More Accurate Consumer Price Index"
(aei.org)3 points by paulpauper 3 hours ago | 1 comments
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99% or people get the direction of the overall bias wrong. When learning what the consensus says, they don't believe it and revert to anecdotes and feelings.