Comments on: The ECB Ignores Inflation For Now http://www.nakedcapitalism.com/2007/10/ecb-ignores-inflation-for-now.html Sun, 22 Nov 2009 18:20:39 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Laurent GUERBY http://www.nakedcapitalism.com/2007/10/ecb-ignores-inflation-for-now.html#comment-1008 Laurent GUERBY Sat, 06 Oct 2007 20:32:00 +0000 http://www.nakedcapitalism.com/2007/10/the-ecb-ignores-inflation-for-now/#comment-1008 There is a simple solution to the inflation measurement credibility problem: require statistical agencies to publish raw price data since it costs nothing now with the internet to publish even millions of monthly prices.<br/><br/>In France there's no legal barrier to doing so but economists invent stories when you ask them to publish the data, read <a HREF="http://guerby.org/blog/index.php/2006/11/19/129-inflation-et-transparence" REL="nofollow">here</a> (in french). There is a simple solution to the inflation measurement credibility problem: require statistical agencies to publish raw price data since it costs nothing now with the internet to publish even millions of monthly prices.

In France there’s no legal barrier to doing so but economists invent stories when you ask them to publish the data, read here (in french).

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