>It's not disingenuous to suggest this is a signal.
So would it disingenuous to point out Xbox prices dropped significantly recently then claim it as evidence there is no inflation?
Using such simple, single data points is disingenuous when there is ample broad based data to point to instead. Ask why he picked something with a 21% increase instead of something with a 4% increase, then you understand why it's disingenuous.
That is the problem with anecdotes versus broad and properly computed inflation.
So would it disingenuous to point out Xbox prices dropped significantly recently then claim it as evidence there is no inflation?
Using such simple, single data points is disingenuous when there is ample broad based data to point to instead. Ask why he picked something with a 21% increase instead of something with a 4% increase, then you understand why it's disingenuous.
That is the problem with anecdotes versus broad and properly computed inflation.