Why inflation is always underreported

there are two sneaky tricks that they use in order to record a lower inflation rate than what most people experience one of these is the substitution method so let's say beef gets so expensive people stop buying it they buy chicken instead well in the index they're going to take beef out and put chicken in because chicken's cheaper they're going to say well it's what people are buying now so we got to put that in the index instead but it's like no the only reason they're buying that is because beef got too expensive for them to afford you should keep on measuring the price of beef um and even then people stopped buying it as much so the price won't go up as much as it would have if they would have kept on buying it so even if you keep on measuring beef you're still not going to record the true rate at which people's cost of living and quality of life is going down but still the substitution method is super sneaky the second one is the hedonic adjustment and so when things get better in quality then they count that as deflation so when your washer and dryer move from dials to like digital buttons better quality doesn't matter if it got more expensive we're going to say it got cheaper cuz you're getting more for Less so two very sneaky ways to record less inflation