Posts Tagged ‘ CPI ’

CPI Isn’t Made Up

Jan 30th, 2012 | Filed under: Letters to the Editor

By John Brynjolfsson A CPI critic recently suggested that Ben Bernanke thought CPI homeowner equivalent rent is a “made up” figure. Nothing could be further from the truth. Over the years I’ve been impressed with the rigor of CPI, unimpressed with its critics, and unable to find a better measure of the cost of living. [...]