Pricedevelopment makes CPI impossible to calculate

exeexe

Denmark937 Posts

February 23 2011 18:58 GMT

This is more a joke than a serious disccusion

Man!

I was crawling the internet for movies to go download. And i came far, here, there and close, and somehow i ended up on Spannerfilms.

Spannerfilms has some interestingly movies for download so i went to check the prices. But before i head on into the pricedevelopment, let me talk a little about CPI.

Its not that i am caring about the CPI (consumer price index) which basically is meassuring the inflation. But imagine sitting in a highranked political office trying to calculate the CPI for the present year and then you are out there observing the prices and you come around this:
+ Show Spoiler +

+ Show Spoiler +

What would you do? =P

And if that method of pricing stuff went more popular then i think CPI would have to be shut down! ROFL that would be epic!

sob3k

United States7572 Posts

February 23 2011 19:07 GMT

EDIT: fixed

bonifaceviii

Canada2890 Posts

February 23 2011 19:09 GMT

The CPI is based upon a certain set basket of goods. Correct me if I'm wrong, I don't think activist films are one of them.

exeexe

Denmark937 Posts

February 23 2011 19:15 GMT

On February 24 2011 04:09 bonifaceviii wrote:
The CPI is based upon a certain set basket of goods. Correct me if I'm wrong, I don't think activist films are one of them.

Perhaps but:

And if that method of pricing stuff went more popular..

bITt.mAN

Switzerland3693 Posts

February 23 2011 19:39 GMT

Ahahah that's such an awesome way to shop

But bonicace is right, Inflation is calculated off a certain basket of goods, that are deemed 'appropriate', so they add things like mobile phones and electronic tablets and take off things like bricks and candles, then see yearly price changes.

Milkis

5003 Posts

February 23 2011 19:44 GMT

It's easy to just consider each one of those prices as a price of a separate good. It's not that hard to imagine that ~_~

starfries

Canada3508 Posts

February 23 2011 19:59 GMT

This is just price discrimination, they do it all the time with senior and student discounts and things like that.

3clipse

Canada2555 Posts

February 23 2011 22:30 GMT

You would just use some method of averaging the different price brackets for each good or have separate CPI data for each demographic.

This pricing is interesting, but trying to make some argument about the consumer price index from it seems pretty useless.

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Pricedevelopment makes CPI impossible to calculate

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