Memories of the 28th Century

While writing my last post, I noticed that there was enough data to create an inflation index. Inflation indices are usually created from the actual costs of something over time, and labor is something; although usually the prices of goods are used. The CPI index is derived from the changes in prices of consumer goods. The index is readjusted from time to time to reflect changes in consumer goods. Wages are simply taken as one factor in final prices, so there is not a generally available specific ...