{"id":65666,"date":"2022-11-16T09:44:51","date_gmt":"2022-11-16T09:44:51","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=65666"},"modified":"2022-11-16T09:44:51","modified_gmt":"2022-11-16T09:44:51","slug":"how-inflation-is-calculated-and-why-it-is-really-problematic-which-is-the-exact-opposite-of-what-the-government-is-saying","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/11\/16\/how-inflation-is-calculated-and-why-it-is-really-problematic-which-is-the-exact-opposite-of-what-the-government-is-saying\/","title":{"rendered":"How inflation is calculated and why it is really problematic &#8211; which is the exact opposite of what the government is saying"},"content":{"rendered":"<p>A <a href=\"https:\/\/twitter.com\/RichardJMurphy\/status\/1592807226351423489\" target=\"_blank\" rel=\"noopener noreferrer\">quick thread on inflation<\/a> this morning, in reply to a tweet from the Rev Richard Coles:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65667\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00-550x340.png\" alt=\"\" width=\"550\" height=\"340\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00-550x340.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00-485x300.png 485w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00-768x475.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00-600x371.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.00.png 1168w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65668\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-550x869.png\" alt=\"\" width=\"550\" height=\"869\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-550x869.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-190x300.png 190w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-768x1214.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-972x1536.png 972w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24-253x400.png 253w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-16-at-09.42.24.png 1182w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A quick thread on inflation this morning, in reply to a tweet from the Rev Richard Coles:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,16,106],"tags":[],"class_list":["post-65666","post","type-post","status-publish","format-standard","hentry","category-economics","category-ethics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=65666"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65666\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=65666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=65666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=65666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}