4 ms·
> CPI adjusts prices on a per weight or per volume basis CPI also adjutsta for quality and performance - if iPad 2 is twice better than iPad 1, but costs the s
by ClumsyPilot 3y ago
> CPI adjusts prices on a per weight or per volume basis
CPI also adjutsta for quality and performance - if iPad 2 is twice better than iPad 1, but costs the same, CPI will show -50%.
If asbestos was banned in buildings, CPI for construction could be negative even if prices increase.
Not the best link, but you can find more on this easilly:
https://www.cultofmac.com/85778/federal-reserve-president-criticized-for-let-them-eat-ipad-comment/ https://www.cultofmac.com/85778/federal-reserve-president-cr...
- hervature 3y agoYou are correct. What I was trying to drive at is that utility for many things does not really get inflated/deflated on pre-defined metrics. In your iPad example, what's the inflator coefficient to use when going from TouchID to FaceID. It's subjective.