Would the long term index have a horse-drawn carriage, a butter churn, a typewri...

sokoloff on Oct 16, 2023 | parent | context | favorite | on: Visualizing American inflation across eight catego...

Would the long term index have a horse-drawn carriage, a butter churn, a typewriter, a 50# block of ice for the icebox, and a rotary dial phone in it?

At some point, even the long-term index can't be constant.