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buycitgo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:09 PM Original message |
Why do they insist on "core inflation" indicators? |
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Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:15 PM Response to Original message |
1. The justification is that energy and food are too volatile |
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buycitgo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:18 PM Response to Reply #1 |
2. zackly.....they're BSing about this very thing on Lehrer |
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jayavarman (319 posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:25 PM Response to Original message |
3. I'm not sure |
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buycitgo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:29 PM Response to Reply #3 |
4. good point, but that's like saying we should maintain the idea |
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jayavarman (319 posts) Send PM | Profile | Ignore | Tue Jun-15-04 06:52 PM Response to Reply #4 |
5. I see your point |
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Hammie (413 posts) Send PM | Profile | Ignore | Thu Jun-17-04 01:49 AM Response to Original message |
6. It dampens out swings based on energy prices |
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Egalitarian (379 posts) Send PM | Profile | Ignore | Thu Jun-17-04 01:58 AM Response to Original message |
7. Are housing costs included in this "core" data? |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Jun-17-04 03:11 AM Response to Original message |
8. Because raising interest rates will not stamp out inflation |
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