https://freerepublic.com/tag/finamce/ en-us Sun, 23 May 2021 22:01:45 GMT Focus Forum 15 https://freerepublic.com/focus/f-bloggers/3961776/posts Apples-to-apples, consumer price inflation nowadays is running close to the high inflation readings of the late 1970s. That should be a red flag for policymakers as monetary decisions are focused on actual outcomes, not forecasted. But reported inflation statistics do not show the 1970s inflation-style inflation because they no longer include actual house prices. The old consumer price index included house prices in measuring the owner’s housing cost, whereas the present-day price index base owners’ housing cost on an arbitrary, non-market rent measure. The only way to make a price series strictly comparable over time is to use the same... Zubu Brothers https://freerepublic.com/focus/f-bloggers/3961776/posts#comment Sun, 23 May 2021 22:01:45 GMT