tag:blogger.com,1999:blog-5465015914589377788.post5990542054335276963..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Short Takes: Foreign Withholding Taxes, Financial Happiness, and moreMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5465015914589377788.post-30542898785321166502020-09-26T09:27:29.546-04:002020-09-26T09:27:29.546-04:00Hi Returns Reaper,
I don't have any ideas for...Hi Returns Reaper,<br /><br />I don't have any ideas for improving CPI calculations, but I do find it interesting that almost everyone who comments on it believes their personal CPI is higher. I guess the ones whose CPI is lower don't complain.<br /><br />Whenever I think about CPI, university costs come to mind because they've risen faster than CPI for so many years. I wonder why it is that it costs so much more to educate people today than it did 40 years ago.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-9896936550091734842020-09-25T12:26:16.305-04:002020-09-25T12:26:16.305-04:00I enjoyed the article on the inflation controversy...I enjoyed the article on the inflation controversy. It's a difficult problem, and nothing will ever make everyone happy. While the "interactive CPI" tool described might be interesting to some, I don't think it will really be of much value. I doubt an employer would take my personally calculated CPI increase of 20% as a good argument that I should receive a 20% wage increase. Likewise, it's unlikely it would affect the BoC's decision on interest rates.<br /><br />Perhaps if its usage is monitored, insight might be gained into what Canadians consider important, and perhaps change the official CPI for the better. But I think its a losing battle. For every change you make that makes someone happy, someone else will argue it's a poor representation of true costs.<br /><br />@Michael do you have any thoughts on how to make the CPI measurement better?Returns Reapernoreply@blogger.com