99.6K
Downloads
127
Episodes
His audiences know him as THE ”Inflation Guy.” In the inflation markets he is known as a pioneer. He is considered as the Expert to the experts in the world of inflation markets where true expertise is hard to find. In this podcast the Inflation Guy talks about the hidden tax, the insidious assault on your wealth, and how to defend your money. Have a question? Email InflationGuy@enduringinvestments.com
Episodes
Thursday Sep 07, 2023
Thursday Sep 07, 2023
“Hedonic adjustment” is a curse word among those who think that inflation figures are all scrubbed to look nice by the Bureau of Labor Statistics (if they are, the BLS did a pretty rotten job of it over the last couple of years!), but it is not nearly as sinister as you might think it is. In this episode, the Inflation Guy goes inside-baseball again to explain hedonic adjustment, and the offsetting effect that no one ever seems to complain about because it pushes inflation higher.
It's okay to hate inflation, but don't blame hedonic adjustment! Or the Inflation Guy. He's just the messenger.
NOTES
To Subscribe to Quarterly Inflation Outlook: https://inflationguy.blog/shop/
Podcast Callback: Ep. 4: The Making of an Inflation Index
Website reference: BLS Link to Hedonic Adjustment Q&A
Website reference: BLS Link to Hedonic Adjustment for Men’s Suits
Research reference: Johnson, D.S., S.B. Reed, and K.J. Stewart . 2006. “Price Measurement in the United States: a Decade Aftert he Boskin Report.” Monthly Labor Review 129 (5): 10–19.
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.