The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
October 23rd, 2010
Episode 319 of 964 episodes
On today's Planet Money, we go shopping with George Minichello. George is one of hundreds of federal employees who goes to stores all over the country and record the prices of thousands of different things. A bag of romaine lettuce. A boy's size-14 collared shirt made of 97 percent cotton. A loaf of white bread. Their work drives the consumer price index, a key economic indicator known to its friends as CPI. The index measures inflation in the U.S., and it influences everything from Social Security checks to the price of school lunches to how big your raise will be next year.