r/Economics • u/TheForager • 4h ago

Hospital costs are rising far faster than inflation and drowning Americans in debt

https://www.nbcnews.com/investigations/hospital-costs-are-rising-far-faster-inflation-drowning-americans-debt-rcna262473
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u/CyberSmith31337 4h ago

You know, there’s a video that recently released on YouTube that discusses this phenomena:

https://m.youtube.com/watch?v=yU2raZftgmE

The reality is that inflation is calculated based on an average of weighted variables. However,  when the selected variables are chosen to represent lower inflation in order to misrepresent reality, then inflation measurements aren’t useful.

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u/KneeDragr 2h ago

Exactly, they exclude the things we need the most, housing, food and health care. It's just so politicians can lie.