What do you mean by 'real number'? CPI is well defined and has a clear construction, as does PPI and GDP deflator. The 'real number' is something people seem

What do you mean by 'real number'? CPI is well defined and has a clear construction, as does PPI and GDP deflator. The 'real number' is something people seem to bring up as a signal that the beaurocrats an politicians are lying to us, but it is not well defined or defined at all, so it's impossible to disagree with.