Why Official Inflation Measures Don't Work | Karl-Friedrich Israel

12:47
 
Share
 

Manage episode 262695520 series 1332693
By Mises Institute. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In theory, it is possible to adjust inflation measures to account for the many constant changes in prices resulting from changing demand, quality, and innovations. But it's essentially impossible to execute these adjustments accurately. Original article: https://mises.org/wire/why-official-inflation-measures-dont-work This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

2230 episodes