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41 sats \ 1 reply \ @Undisciplined 20 Aug \ parent \ on: Fed confronts up to a million US jobs vanishing in revision econ
I remember an inflation measure called something like the Billion Price Index. The idea was to track online prices of literally every good. I'm not sure how solid their plan was, since you need volume data, too, and that's not available. Otherwise, how are you weighting all those prices?
Yea I haven't seen anything on this @SimpleStacker or @Undisciplined but if you see anything on this I would love leverage a tool that tracks the true price. Shadow stats are good, but it doesn't cover things monthly, just over longer trends and periods of time.
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