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Consumer Price Index Explanation

The speaker explains the relative value of money.  He explains that the consumer price index tracks the price of common consumer goods and keeps a track of inflation.  The CPI allows you to gauge how valuable your money really is.  For example, he provides a scenario where the price of a house is 500k and the price of pizza is $20.  In a second scenario, your house is worth 600k but the price of pizza is $50.  He explains how hte 500k situation is optimal for the consumer since the prices of goods are much lower in that scenario. 


Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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