I would include check cashing businesses, rent to own, .... Doug, are you saying that they "should" or they "are" included?
On Mon, Jul 19, 2004 at 02:56:01PM -0400, Doug Henwood wrote: > Daniel Davies wrote: > > >they wouldn't, necessarily. > > Fees most certainly should be included. "Usurious" interest rates > would be difficult to define in a world of 18-21% credit card rates. > And if they're not changing, but just constantly high, it's a > distributional issue, a form of secondary exploitation, but not > really a CPI issue. But a fee added to a service that used to be > free, or an increase in a fee, most certainly should be captured by > the CPI. > > Doug -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
