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THE WOLF STREET REPORT: What Worries me About “Hedonic Quality Adjustments”

Summary:
As even basics are becoming unaffordable for these Americans, the official inflation data artfully papers over it. This arcane device also impacts investments, Social Security benefits, and inflation-adjusted data, such as “real wages” or “real GDP” (12 minutes). [embedded content] Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how: Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

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As even basics are becoming unaffordable for these Americans, the official inflation data artfully papers over it. This arcane device also impacts investments, Social Security benefits, and inflation-adjusted data, such as “real wages” or “real GDP” (12 minutes).

Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how:

THE WOLF STREET REPORT: What Worries me About “Hedonic Quality Adjustments”

Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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