Saturday, July 8, 2017
The CPI Understates Inflation And Skews Expectations
The CPI Understates Inflation And Skews Expectations
The Importance Of How the CPI Is Figured Is Massive
Consumer inflation has been estimated since the 1700s, by measuring price changes in a fixed-weight basket of goods. This method was seen as effectively measuring the cost of maintaining a constant standard of living. In the last 30...[Read more ...]
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