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.
|
Blogroll
Friends
CT Politics Politics
Technology
West Hartford Blogs Hartford Blogs |
Active Posts
|
|
Track & Validate
|
With the falling dollar combined with the difficulties of becoming an immigrant and/or getting a visa, we’re losing smart people that would’ve otherwise come here. Imagine the U.S. without Albert Einstein or Fermi or even Sergey Brin of Google…
Leave a Reply