From: Alan Horowitz <alanh@infi.net>
Date: Sun, 4 Aug 1996 14:40:47 +0800
To: Jim Choate <ravage@einstein.ssz.com>
Subject: Re: A Libertine Question (fwd)
In-Reply-To: <199608031145.GAA12155@einstein>
Message-ID: <Pine.SV4.3.91.960804005911.3390J-100000@larry.infi.net>
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> Since the inflation rate on a dollar is flat across the board in our economy
> simple inflation does not account for this rise in prices in a niche market.


   No. The COnsumer Price Index (the Bureau of Labor Statistics also puts
out the Producer Price Index, but that is not as widely reported in the
cartoon-news mass media), _is_ a single number, but only because it is
_defined as_ a measure of central tendency of all the price rises. It is
an artificial number. Each individual price rise, does swing freely.