EPISODE · Jul 9, 2025 · 7 MIN
The Fallacy of “Measuring” Inflation
from Audio Mises Wire · host Mises Institute
While we often speak of measurements of inflation (such as "inflation went up by three percent"), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.Original article: https://mises.org/mises-wire/fallacy-measuring-inflation
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The Fallacy of “Measuring” Inflation
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