Comment Comment by rory096 >Why do people use CPI instead of laborHow would one differentiate real and nominal wage/salary increases?>housingShelter expenditures presently constitute 33.2% of the CPI basket.>housing or stock pricesAsset prices are only very loosely associated with inflation.>On a similar note, why would anyone trust the federal reserve's numbers given how the federal reserve has lied in the past?lol. (Also, BLS calculates CPI, not the Fed.) parent rory096 6 years ago
How would one differentiate real and nominal wage/salary increases?
>housing
Shelter expenditures presently constitute 33.2% of the CPI basket.
>housing or stock prices
Asset prices are only very loosely associated with inflation.
>On a similar note, why would anyone trust the federal reserve's numbers given how the federal reserve has lied in the past?
lol. (Also, BLS calculates CPI, not the Fed.)