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Firedancer9301
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Perpetual Dickensian Poverty?
Firedancer93014y10

Likely, the issue here is that inflation calculations use a basket of goods that are substituted over time. Comparisons over time are not the best because a basket of goods from 2021 might include an iPhone, while a basket of goods from 1850 might include a pound of hay... 

 

That all being said, possibly using a harmonious pricing index might be more fruitful for this discussion. I believe that the UK and Canada use the HPI over CPI, mainly due to the issue of substitutes and compliments over time.

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