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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My mother has recently joined Obama’s campaign in Nevada. Obama recently spoke in Las Vegas and my sister and her boyfriend were interviewed on the news. I thought it was kind of cool, so I just wanted to share.
February 20th, 2007 at 12:59 am
Pretty cool. Looking forward to hearing more during the campaign.