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Member since:
2011-01-28
kwan_e,
"Economics in general is about manipulating indexes rather than providing anything meaningful."
It seems to me that the concept behind indexes is sound, but they've been corrupted. If the government cannot afford to pay for services when they're pegged to true inflation, then it should come out and say so rather than manipulate the data to come up with favourable numbers. Evidently there's not much incentive to be honest or up front about it.