Understanding the Consumer Price Index (CPI) and Measures of Inflation

Cohosts Will Beaman, Natalie Smith and Maxximilian Seijo are joined by Mitch Green (@drmitchpdx) to discuss the problems with “inflation” as a catch-all term for price changes. A heterodox economist by training who studied with the late Fred Lee, Mitch takes a disaggregated view of prices that opens up price-setting as a publicly allocated administrative power with no necessary relationship to profits or sound finance.

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Music: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting.
http://flirtingfullstop.bandcamp.com
Twitter: @actualflirting