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iPhones dont fill your belly or provide heat in the winter. Inflation isn't the same in every sector, so inflation adjustments should also be targeted to the p
by aaronblohowiak 13y ago
iPhones dont fill your belly or provide heat in the winter.
Inflation isn't the same in every sector, so inflation adjustments should also be targeted to the problem they are trying to offset. This is why what you measure for inflation is so important. To address the differences in what different population segments purchase, the BLS has come out with different consumer-price-indexes that weigh different categories of goods differently: http://www.bls.gov/news.release/cpi.br12396.a06.htm http://www.bls.gov/news.release/cpi.br12396.a06.htm