http://www.consumerismcommentary.com/2006/08/14/numbers-games/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57681 Flexo Mon, 14 Aug 2006 21:18:10 +0000 http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57681 By increasing the precision of the underlying data (three decimal places rather than one), the final calculation will be more "accurate," as the example I quoted shows. More accurate trend calculations will supposedly line up better with analysts' predictions, which means the stock market may not react as strongly to CPI announcements. By increasing the precision of the underlying data (three decimal places rather than one), the final calculation will be more “accurate,” as the example I quoted shows. More accurate trend calculations will supposedly line up better with analysts’ predictions, which means the stock market may not react as strongly to CPI announcements.

]]> http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57680 Lucy Mon, 14 Aug 2006 21:13:48 +0000 http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57680 The important thing is that BLS changes the facts into fiction and this affects the economy as a whole. Why are they doing it, anyway? The important thing is that BLS changes the facts into fiction and this affects the economy as a whole. Why are they doing it, anyway?

]]> http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57679 Nick Mon, 14 Aug 2006 20:46:49 +0000 http://www.consumerismcommentary.com/2006/08/14/numbers-games/#comment-57679 I usually round everything to the nearest thousand, so that means the CPI is zero. Yay, everything is free! I usually round everything to the nearest thousand, so that means the CPI is zero. Yay, everything is free!

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