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Sunday, May 28, 2006


Laurent GUERBY

While I agree that one decimal place is okay for yearly inflation (or most economics measures), monthly or quaterly should be reported with two or more decimal places, not because the measure is more accurate (it is obviously not) but because when you compound them you aren't too far from the yearly number, so at least you're giving coherent information.

Common sense is needed for satelittes too :).


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