Tuesday, October 23, 2012

Calculating (2): Consequences


If we insist on having two measures of inflation, "headline" and "core" inflation, high and low inflation, then we must also have two measures of RGDP, low and high.

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2 comments:

  1. JazzbumpaOctober 23, 2012 at 6:22 PM

    How would that be useful?

    JzB

    ReplyDelete
  2. The ArthurianOctober 23, 2012 at 7:24 PM

    Useful?

    It might be true. And it might be something you never thought of before. So it might be interesting.

    What use you make of it is up to you.

    ReplyDelete

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