I’m driving, it’s difficult to put them on the same chart and normalize. But they are very similar. There are differences in methodology (housing, healthcare) but those generally add a small amount to US inflation chained index vs HICP.
Jesus Christ. If all I did was read hackernews comments I would think that these magical algorithms which have the potential for massive positive change don't exist and that the world is coming to and end.
I get it, engineering trains us to look for failure modes, but my god try to have a little amazement at the progress.
https://fred.stlouisfed.org/series/CP0000EZ19M086NEST#
https://fred.stlouisfed.org/series/SUUR0000SA0
I’m driving, it’s difficult to put them on the same chart and normalize. But they are very similar. There are differences in methodology (housing, healthcare) but those generally add a small amount to US inflation chained index vs HICP.