That’s some cool tech right there. I’ve always wanted this feature. I’m curious how they do the backend? It’s probably similar to how your in car GPS handles when you’re lost… just a new waypoint in the middle of the path.
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sujal
11/24/2008
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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