I would be very interested to know if late fees or usurious interest rates are included. I have never heard anything about such inclusion. I would be very happy to learn more about it.
On Mon, Jul 19, 2004 at 01:22:24PM -0400, Doug Henwood wrote: > Michael Perelman wrote: > > >Most of the fees and usurious interest rates and the like fall on > >the backs of the poor. > >Besides falling outside the CPI calculations, they also mean that > >the distribution of > >income is even more lopsided. > > How do you know they do? They should be included in the CPI > calculations, based on the principles of the thing. > > Doug -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu