Journal Article

The consumer price index and national saving


Abstract: An argument that lowering COLAs for Social Security benefits and adjusting the Consumer Price Index to better reflect the cost-of-living increases that result from inflation will alleviate two long-range problems: escalating federal budget deficits and exceedingly low national saving.

Keywords: Consumer price indexes; Saving and investment;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1995

Issue: Oct

Order Number: 2