Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
... goods for the inflation index ... but then, the PPP is screwed up for exactly the same reason, since its a cost-of-a-bundle-of-goods index across space instead of across time.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Jul 16th, 2008 at 07:13:14 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series