3 ms·
>An example is cars. Sure the price of cars maybe is rising slightly compared to the 70s-80s-90s-00s....but you are buying a totally different animal in terms o
by rattlesnakedave 5y ago
>An example is cars. Sure the price of cars maybe is rising slightly compared to the 70s-80s-90s-00s....but you are buying a totally different animal in terms of metal mass, semiconductors mass and so forth.
BLS uses hedonic adjustments to account for this.
- GDC7 5y agoI think sticking to raw materials is the answer The periodic chart doesn't lie. Each and every element on that has a price. If there is sand in the cogwheel that transforms raw materials into products that is surely of social nature and once you are in that realm, then all predictions and analysis capability are off. You'd be better off throwing darts in a pitch black room
- Lhiw 5y agoLabour isn't free.