SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (59150)1/18/2001 11:09:36 AM
From: LLCF  Read Replies (1) of 436258
 
<If you don't take account of the changes in products you aren't measuring real output correctly.>

1.) But why is it SO important that the government spend all this time and money differentiating between last years and this years TV [or whatever]?

<The correct measure of the price level is the actual dollar amount paid for the product divided by the quantity of the product. The guys at BLS are trying to work out the cost per unit of real output.>

But that's the point, I get the concept but who cares?... to what end?

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News