Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.
You May Also Like
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
We’ve been cautious about the uptrend phase off the April low for a number of reasons, including the lack of breadth support. While short-term...
Editor's Pick
Jeremy Horpedahl The Census Bureau recently released a massive amount of new data on Americans and the US economy, as they do each year...
Editor's Pick
David J. Bier President Trump is imposing a $100,000 fee to obtain an H‑1B visa, the primary visa for skilled foreign workers. To be...