How does the us government calculate inflation for computers?

its easy to calculate inflation for something like apples, but since computers change every year, how does the government calculate inflation for them? if you have some real live datapoints that would help, i went to the BLS and just found a bunch of mumbo jumbo.

How does the us government calculate inflation for computers?free spyware remobal

It is mumbo-jumbo. The CPI is not inflation; it's just a measure of how much inflation has reached consumers.

Inflation is caused by adding money to the money supply. Price increases are results of that -- more money chasing the same amount of stuff.

The CPI calculations cannot possibly keep up with what's really happening. That's why it's never been a good sole indicator.

How does the us government calculate inflation for computers?kawasaki

technology is not really part of inflation for the reasons you state. But as prices go down and productivity goes up inflation is adjusted. While houses went up almost 100 percent in the 1990 and 2000's this inflation was adjusted away by productivity increases to give us a 2 to 3 % per year-and now gold is doing the same.