Why Nostr? What is Njump?
2023-12-19 12:24:20
in reply to

Donald Roy on Nostr: npub1g0tuf…3tvm4 npub1wyu5t…6t407 The make up of the version of the CPI they use ...



The make up of the version of the CPI they use has changed over time. There was a particularly serious problem in the late 1990s after they decided to use the #uk version of the #eu "Harmonised Index of Consumer Prices" - which worried so much about comparability as against representativeness that it left out housing entirely ! - as the basis for the #BoE 's remit on inflation. This appalled among others #charlesgoodhart who argued that assets should not be excluded!
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