Survivor bias is a sort of grade inflation.

Survivor bias is a sort of grade inflation. The weakest performers are eliminated before they can drag down the performance of the category.

On an annual basis, the difference doesn't look that significant. But on a cumulative basis, it's pretty dramatic.

Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!

It looks as though core inflation is back. We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

It looks as though core inflation is back, ... We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.