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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Very interesting. CNet passes on that AMD outshipped Intel this past month for U.S. retail computers. This excludes direct sales (e.g. all of Dell), laptops, and business purchases, so it’s not indicative of a larger shift in the CPU market, but as News.com says, “Nonetheless, it’s a notable achievement.”
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