2min chapter

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16: Tyler Cowen - The Revolution Will Not Be Marginalized

The Portal

CHAPTER

Is There a Bs C P I? I Don't See That as a Legitimate Counter Argument

I don't see that the current way of calculating the c p i is off by very much. And if it's off, it still may be overstating inflation a wee bit because there are perhaps more free goods to day through the internet than we had in time that on. If you think that inflation is actual been much higher, you must think real rates of return to day are astonishingly low. I mean, that will truly make you a mega pessimist, which perhaps you are. It does seem they gave us a measure of the c pi somewhat better than what we had had.

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