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To: Fledermaus
That's funny, MY inflation was almost zero and my wages went up 4% last year...hmmm.

You didn't pay more for gas, electricity, oil, meat, etc. Where do you live?

80 posted on 05/10/2005 7:40:11 PM PDT by raybbr
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To: raybbr
That doesn't define "inflation" because a few items in my basket go up. That model, which the government uses, ignores changes in choices made, alternative purchases, frugality if a price rises, etc.

When it is written or said inflation for a year is X% people erroneously assume everything went up in price by exactly X%.
194 posted on 05/11/2005 1:47:39 PM PDT by Fledermaus (I have a big truck)
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