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Boskin Commission: Difference between revisions
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More of us could share such a moment. | More of us could share such a moment. | ||
|quote= | |||
{{Tweet | |||
|image=charliebilello-profile.png | |||
|nameurl=https://x.com/charliebilello/status/1474396489938083861 | |||
|name=Charlie Bilello | |||
|usernameurl=https://x.com/charliebilello | |||
|username=charliebilello | |||
|content=5 / The 6.8% inflation rate in the US is the highest inflation we've seen since 1982 and is understating true price increases as it assumes "shelter" (largest component of CPI @ 33%) only increased 3.8% in the last year. | |||
Breakdown of reported CPI: | |||
|media1=charliebilello-X-post-1474394587825418246-FHYZj9XXoAIPfHi.jpg | |||
|timestamp=3:08 PM · Dec 24, 2021 | |||
}} | |||
|timestamp=5:13 AM · Dec 29, 2021 | |timestamp=5:13 AM · Dec 29, 2021 | ||
}} | }} | ||
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Don’t advertise precision that doesn’t exist. | Don’t advertise precision that doesn’t exist. | ||
CPI is not yet in the COL framework as claimed by BLS. | [[CPI]] is not yet in the COL framework as claimed by BLS. | ||
Path dependence should be embraced. | Path dependence should be embraced. | ||