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Forum: Politics 08-22-2007, 09:08 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

[ QUOTE ]
Quote:
you're pretty funny. 1st you say cpi is not underestimating inflation, now you're saying that ok it is underestimating it, but that's a good thing. lol.

btw, I...
Forum: Politics 08-22-2007, 03:23 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

you're pretty funny. 1st you say cpi is not underestimating inflation, now you're saying that ok it is underestimating it, but that's a good thing. lol.

btw, I don't think it's true that cpi...
Forum: Politics 08-22-2007, 02:12 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

[ QUOTE ]
first off, know that we're dealing in averages here. if you are an average american w/ an income tied exactly to average CPI then the CPI applies to you. but the average is a poor...
Forum: Politics 08-21-2007, 10:59 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

[ QUOTE ]
if the income is tied to cpi (like bieng long an inflation linked bond), then your purchasing power will not change. you may have to adjust your consumption in reality (i.e. buy chicken...
Forum: Politics 08-21-2007, 07:03 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

[ QUOTE ]
personally, i doubt highly that if CPI is understated, it is done so on purpose.

[/ QUOTE ]

well part of cpi assumes that people will lower their standard of living when facing...
Forum: Politics 08-21-2007, 05:02 PM
Replies: 32
Views: 182
Posted By PLOlover
Re: CPI Composition

I just heard paul craig roberts, economist under reagan, father of "reaganomics", and he said the cpi underestimates true inflation, so you know, it's not just a bunch of "kooks" or whatever.
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