Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.
Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.
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Kim put this link in the comments of the Rummy post, but I think it’s good enough that it’s worth a front page link.
http://www.bushflash.com/thanks.html
Enjoy!
May 14th, 2004 at 10:33 am
that was, indeed, good.
This, however, was more entertaining:
http://www.bushflash.com/idiot.html
I’ll be singing it all day
May 14th, 2004 at 10:41 am
Damn, I don’t have that NoFX song….
May 15th, 2004 at 8:37 am
I love this band! It’s so funny when the little Georges are singing along!