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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (94379)	5/17/2008 2:18:45 AM
From: dybdahl	Read Replies (2) \| Respond to of 110194

KISS - that's exactly the problem. Old way of calculating inflation measurement doesn't work, and the current methods don't seem to convince everyone here. No matter how you measure CPI, it's advanced statistics, and I usually don't trust statistics that I didn't forge myself. When you create statistics, you should always optimize it to be a basis for being useful for making decisions. However, different decisions need different statistics. The poor part of the population needs a different CPI than wealthy part. The national figure can be useful for the CB as a guide for monetary policies. And that's about all it is really useful for.