The phrase “Consumer Price Index” can be intimidating and unclear to Americans. It’s an economic term, after all, and not a part of everyday American language. It even has its own abbreviation to add to the confusion — CPI. So, when a layperson hears that “CPI is rising”, it’s not always clear what it means. […]
Calculating Inflation’s Cost
July 28th, 2008 · Comments Off on Calculating Inflation’s Cost
Tags: Consumer Interest · Consumer Lending · Economy