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.

2 comments:

Jazzbumpa said...

How would that be useful?

JzB

The Arthurian said...

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.