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Author: splotto Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35506  
Subject: Using the CPI to Rob Americans Blind Date: 4/15/2004 9:05 AM
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Hello:

http://www.gold-eagle.com/editorials_04/benson041404pv.html

Most Americans have been led to believe that the Consumer Price Index (CPI) actually measures, from one year to the next, the "cost of maintaining a constant standard of living" as the prices for goods we purchase increase. Indeed, we are foolish enough to believe that the index is an accurate measure of the price increases for the same basket of goods we buy every year.

Splotto
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