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" why do you believe that decreasing CPI-adjusted incomes are worth worrying about?" I've said it at least three times already. Because it is highly probable t
by jshen 16y ago
" why do you believe that decreasing CPI-adjusted incomes are worth worrying about?"
I've said it at least three times already. Because it is highly probable that energy prices are going to increase significantly.
Btw, how do you measure quality of life. I always find it funny when people throw around that term relating to economics.
- yummyfajitas 16y agoYou are concerned oil prices might increase by a factor of 8? Like in the 70's? http://www.marketoracle.co.uk/Article1375.html http://www.marketoracle.co.uk/Article1375.html In any case, I'm not sure what this has to do with CPI-adjusted incomes. By quality of life, I'm only estimating the direction of change rather than the magnitude. I'm assuming that having more stuff is better - I'm happier with flush toilets/a washing machine/Bioshock than without.