Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: NVDave

OK, so you want to take an inflation measure that isn’t perfect and reduce it to an inflation measure that’s useless because it bounces up or down 20% every month.

Thanks for your opinion.


45 posted on 11/29/2007 9:49:02 AM PST by No.6 (www.fourthfightergroup.com)
[ Post Reply | Private Reply | To 43 | View Replies ]


To: No.6

They could smooth it. This isn’t rocket science. Pick a moving average - simple or exponentially smoothed, bridge at least three futures expiry dates and start there. It would result in a better reflection of the input costs to the economy and factor out the exogenous price spikes and dips due to futures speculators.

Just sticking our heads into a hole, which is what is being done now, is far more useless and is being partly reflected in the decline of the USD.


47 posted on 11/29/2007 9:52:55 AM PST by NVDave
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson