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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So I got this call at 11:00 from my sister, they were live! reporting outside my favorite local pizza place. Looks like I had the right idea when I would get take out rather then eat at the restaurant…
June 16th, 2004 at 10:02 am
You know you’re going to be thinking twice about where to get your pizza from now on!!
June 16th, 2004 at 1:06 pm
Are you kidding! i have to patronize this place even more to support the waitress’ that have to endure this crappy treatment!
June 16th, 2004 at 3:58 pm
Your pizza will arrive slower if you wear a low-cut top and a nice bra. Dress like a nun if you’re really hungry!
June 16th, 2004 at 6:18 pm
too funny!