Ep. 72: Chapwood Index vs CPI – Which is the Better Inflation Index?
Cents and Sensibility: the Inflation Guy Podcast
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The Conspiracy in Search of a Conspirator
The right way to do an inflation index is actually pretty complex and hard to understand if you're not a quantitative economist. There are lots of cognitive biases in effect how we perceive something as complex as our buying habits. You don't have to love the CPI, but I've spent decades now looking at the number and talking to the people who created it.
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