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A comment on Upside-Down World of Negative Rates Is Coming for U.S. Savers. Parent comment

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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by cdiddy2 on Tuesday March 17, 2020 @02:46PM (#22608573)
Yes there is conspiracy here. We have changed the way we measure inflation over the years. It completely changed how we count housing costs and technology.

"if we calculated inflation today the same way we did during Carter’sadministration, CPI would be closer to 10% rather than the 1.5% calculated as of 12/31/10 by the government."

https://www.cornerstonewm.com/downloads/measuring-inflation....

[ Parent | on HN ]
Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by asdfadsfgfdda on Tuesday March 17, 2020 @01:50PM (#22607789)
Measuring inflation is not straight forward. How do you calculate inflation of completely new products, like smartphones? How do you measure inflation on a car that is superior in every attribute (fuel economy, safety, reliability) to a car of 10 years ago? How do you measure inflation on non-rival goods, like access to wikipedia?
[ Parent | on HN ]