Economics Questions

Re: Real Wages vs. CPI

cognitivist — Sun, 15 Aug 2010 20:12:53 GMT

I see. I like the price of commodities approach almost instantly better than CPI.

Re: Real Wages vs. CPI

Sieben — Sun, 15 Aug 2010 20:09:22 GMT

cognitivist:
...By investing I rob market output?

I didn't say that.

cognitivist:
You can either act as a wealthy redistributor voluntarily in the stock market or in the company as an involuntary one

I'm saying that no price, charity/wages/etc should be pegged toa CPI.

cognitivist:
Sorry if I'm stiff to conspiratorial attitudes.

its out in the open. Googol CPI manipulation for more hits.

Re: Real Wages vs. CPI

cognitivist — Sun, 15 Aug 2010 19:55:27 GMT

...By investing I rob market output? You can either act as a wealthy redistributor voluntarily in the stock market or in the company as an involuntary one. Sorry if I'm stiff to conspiratorial attitudes.

Re: Real Wages vs. CPI

Sieben — Sun, 15 Aug 2010 19:14:27 GMT

They should ignore the CPI. It is changed every year to underreport inflation of consumer goods. Even indexing wages with an objective CPI is undesirable. Capitalism raises real wages; it does not keep them constant. The CPI is an excuse to rob you of ever increasing market output.

Real Wages vs. CPI

cognitivist — Sun, 15 Aug 2010 19:06:21 GMT

What sort of policies should the United States government or private enterprises follow in order to keep real wages at pace with CPI?