there is no such thing as a constant in a dynamic economy like the US besides if the CPI is that grossly understated why would the fed even bother formulating their interest rate on it? furthermore, there is simply no justification for real interest rates to be at 10%. Wages hasn't gone up, nor has production cost or is the economy currently experiencing any recession.
oh.. no doubt... i am just referring to the article's measure. real inflation now??? including gas, medical insurance and beef prices? i am curious what others would guess.
cause they use the CPI numbers to adjust social security checks payments. not to mention keeping interest rates low by chance?
let me guess... straight out of college??? econ major? LOL LOL i have plenty of constants.... gas... food... medical insurance.... just about everything.... guess i am not "dynamic". dont hand me this "increase in computer ram" argument. geez
and how are those constant? gas and food and insurance are all dynamic and can go up and down in the matter of days... just look at the recent gas prices...
federal bank does not operate under the pressure of the government so your argument of the feds doctoring the inflation rates to reduce social security payments is simply untrue
ok... you obviously have not read the article we are all referring to.... go read it and learn what the author means by constant... you are now wasting my time.
it is not a federal bank you idiot... i take back what i said... you obviously did not go to college.