Nominal Dollars for Inflation Adjusting

Soot: If i'm comparing, how well does labor cotan co do in, let's say, the 19 sixties, compared to the 19 seventies, just looking at labor alone, then i might want to look at inflation adjusted. But if i adjust for inflation, i find out they're actually doing worse or something. Soot: Another way of putting it is in the actual real time, it real ofi use for inflation business is tealing a nominal dollars. He believes that the c p i has been overstating price inflation.