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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No, not those Blue Jays. Fear these Blue Jays!. Still proud to say I went there and still never went to a game. Not sure why I’m proud of it, perhaps because it required real effort to not go to one. I bet Kim even went to one before. 
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