Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (112106)	3/11/2008 11:25:21 PM
From: TimF	Read Replies (1) \| Respond to of 132070

I've read about it on this thread and elsewhere. I mostly disagree with you, except the worry about the arbitrary part. The increase in quality is more important to me than the number of dollars, but to the extent its arbitrary, real gains could be over rated. OTOH there are also ways that inflation could be underestimated. Basically estimating inflation is problematic all the way around. You have to do it if you want to do things like calculate real growth, cost of living adjustments etc., but the idea that its close to precise is silly.