wojmax

Understanding Inflation

I neglected to add to my earlier comment, that for me, it is an excellent primer on the economy, Inflation, CPI, core CPI, PPI and gold.

Understanding Inflation

One statement I would take issue with is that when speaking of a lower CPI, 'A lower CPI means the government saves money'.
While it is not too important to this article, in general it is very important. It is that government does not EVER save money. It simply spends less.