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comment by user-inactivated
user-inactivated  ·  4255 days ago  ·  link  ·    ·  parent  ·  post: Billmon: Obama Destroys The New Deal

    A chained consumer price index is based on idea that price changes should not be measured as inflation when they result in behavior changes that compensate for the price change.

Chained CPI is one of the more hilarious ideas of recent years





mk  ·  4255 days ago  ·  link  ·  

"You can't be poor if we refuse to call you poor."

user-inactivated  ·  4255 days ago  ·  link  ·  

It works for unemployment!

mk  ·  4255 days ago  ·  link  ·  

So very true.