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Re: Cheap food is coming to an end

On 6/23/07, raghu <mraghu01@xxxxxxxxx> wrote:

The CPI does not seem to support a
monetarist theory but if I am not mistaken, the CPI conveniently
excludes food, energy, medicine and just about any item that cannot be
imported from China.
-raghu.


Cf. "...the CPI-U tries to approximate changes in the cost of
livingâthat is, changes in the cost of maintaining a constant standard
of living from one month to the next."

Explaining the Consumer Price Index (PDF; 170 KB)
Source: Congressional Budget Office
http://www.docuticker.com/?p=14285


Cost-of-living treated as synonymous with standard-of-living.

Gratuitous gerrymandering.
Statistical Solipsism.

Smoke, mirrors, rinse, lather. Repeat until believed.

Leigh
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