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

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