Relative Prices Matter: Why Cost-of-Living Indexes Don’t Tell Us Much | Mises Wire

Suppose you live and work in Indianapolis. Your employer informs you that it wants to transfer you to San Francisco. One of your first concerns is likely to be: “Hey, what about my salary?
— Read on mises.org/wire/relative-prices-matter-why-cost-living-indexes-dont-tell-us-much

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