Conservatives claim that inflation has historically been overstated, based on faulty computation procedures by the Bureau of Labor Statistics.

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Some conservatives argue that the government's measure of inflation, the Consumer Price Index (CPI), overstates actual inflation because it doesn't account for changes in consumer spending patterns and improvements in product quality. They suggest that a different measure, the Chain-weighted CPI, would be a more accurate reflection of inflation. However, this view is not universally accepted and is subject to debate within the economics community.

Conservatives Claim That Inflation Has Historically Been Overstated, Based on Faulty