Friday, March 2, 2012

RS 9 CPI

This blog is my take on the podcast The Price Of Lettuce In Brooklyn by Planet Money.  This podcast was aired on October 22, 2010.  






CPI is Consumer Price Index.  CPI show the price change is all items from housing to food to education.  The CPI shows the prices change from month to month. "There are two different types of CPI. There is Headline CPI which is all prices collected by these assistances and there is Core CPI which cuts out food, oil and things that fluctuate dramatically because it gives a more accurate reading of CPI." I have never heard of this until now.  If you knew the CPIs early u could be rich.  I looked up some graphs on CPI.  They were interesting.





In my opinion this guy George Minichiello is weird and creepy.  He cant tell anyone what stores and the store owners name he goes to figure CPIs and sent it to the government.  Its a weird and time consuming job i think.



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