There is something between 'snake oil salesmen' and trusted information providers. People giving you folk remedies are generally well-intentioned, but merely lack the background to be truly authoritative about the malady they are trying to cure.
So it is with economics, and these days especially with inflation.
In this episode, the Inflation Guy gives three current examples of inflation-related advice and popular models that fall into the category of 'inflation folk remedies.'
NOTES:
Book: This Time is Different: Eight Centuries of Financial Folly by Carmen M Reinhart and Kenneth S Rogoff
Podcast callback: “Ep. 72: Chapwood Index vs CPI – Which is the Better Inflation Index?”
Article: “This Statistic Could Be Distorting How We Think About Inflation,” New York Times.com
Article: “Disentangling Rent Index Differences: Data, Methods, and Scope”, by Brian Adams, Lara Loewenstein, Hugh Montag, and Randal J. Verbrugge
Blog Article: “Multivariate Core Trend Inflation”, Federal Reserve Bank of New York
