Re:How Far Does $1 from 1999 Go Today?
by dragonwriter on Monday October 16, 2023 @06:27PM
(#37907522)
> There should be an attempt to calculate inflation separately from changes in productivity.
Two qurstions:
1. What does that even mean?
2. For what use?
> They should also add real estate and other assets to the inflation calculation.
There is plenty of tracking of asset prices. Why should it be part of generic (i.e., consumer) inflation, other than to break all the processes that depend on that measuring consumer prices as distinct from producer prices, asset prices, etc.?
Two qurstions:
1. What does that even mean?
2. For what use?
> They should also add real estate and other assets to the inflation calculation.
There is plenty of tracking of asset prices. Why should it be part of generic (i.e., consumer) inflation, other than to break all the processes that depend on that measuring consumer prices as distinct from producer prices, asset prices, etc.?