#8 - WTF is CPI: inflation calculations & alternative measures
Manage episode 315375822 series 3286751
Prices are going up, but by how much? Is the government squashing the truth?
We unpack the methodology behind the government reported Consumer Price Index (CPI) and explore sources of error including incentives for squashing the reported numbers. We explore why there are surprisingly few alternative inflation measures and analyze why some of the more popular ones have their own challenges.
Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter and your co-hosts @KleeBeard and @StevenDickens3 for more content.
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