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Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by guelo on Tuesday October 25, 2016 @02:23AM (#12785736)
Actually, the FED targets something called the PCE price index which is an attempt at measuring price increases across all consumer spending. But those are just measuring details, if you want to you can go to economic conferences and argue the finer details of these measurements with rooms full of PhDs. The point though is that inflation targeting is about trying to keep the cycle of rising wages and rising prices going. And the point of that is to avoid deflation during recessions. The main losers from inflation are not businesses but lenders, which is why lending rates and inflation are closely related.
Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by StanislavPetrov on Tuesday October 25, 2016 @04:58AM (#12786339)
>You don't need a PHD to understand what this means, you need only basic reading comprehension and minimal intelligence:

Quote from FED:

>The hedonic quality adjustment method removes any price differential attributed to a change in quality by adding or subtracting the estimated value of that change from the price of the old item.

What do you think "attributing a change in quality" or subtracting "estimated value" means? If you don't understand how the introduction of these arbitrary variables, invented by a politicized FED, completely nullify any informational value, nobody can explain it to you.

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by jomamaxx on Tuesday October 25, 2016 @09:39AM (#12787828)
You seem to fail to grasp even basic common sense: most products and service increase in value over time, and though it's difficult sometimes to measure that value, it's not 'arbitrary'.

For example - as Farmers improve their technology - Tomatoes become bigger, juicier and redder. Clearly - there is 'economic value' in those 'improved tomatoes' and that has has to be taken into consideration when comparing tomatoes grown before, to tomatoes grown now.

Stop misinforming people, take your conspiracy theories to ZeroHedge.

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by brianwawok on Tuesday October 25, 2016 @07:15PM (#12792622)
Tomatoes is a bad example. They contain less nutrition and taste less good each year (Google it).

Maybe cars or something your story works with