Talk:United States dollar

Mill not outdated

Whoever wrote "... relatively unknown, but before the mid-20th century ..." has never seen a property tax bill. Mill is alive and well in mill rates and will probably be for the forseen future. Idk how to fix this wihtout going into detail, but as it is it's flat out wrong. 2600:1700:1C64:8240:68B0:4264:8079:15A9 (talk) 19:53, 27 July 2023 (UTC)

It's not entirely clear what you would like to fix here. The paragraph doesn't state that mill is outdated. It says that it's "relatively unknown", which is what the cited source says about mill. Do you have a reliable source that would contest this status? Vgbyp (talk) 07:10, 28 July 2023 (UTC)

PCE vs CPI

An IP user (207.96.32.81) changed the CPI to PCE in the infobox. It doesn't seem line an improvement to me. Most news outlets reporting on the US inflation report on CPI, while only a small number of specialized business/finance website pay attention to PCE. I would like to hear some reasoning for changing CPI to PCE in this article. Otherwise, I think it's best to revert. Vgbyp (talk) 14:12, 25 February 2024 (UTC)

From TD, PCE has been preferred by Federal Reserve over CPI since 2000. Reasoning for the change can be found here - This article or the Federal Reserve article could mention about the change from CPI to PCE by the Federal Reserve similar to Personal_consumption_expenditures_price_index#Federal_Reserve. Most sources still use CPI and Economy of the United States still uses it. Maybe an RFC on PCE vs CPI would be more appropriate as other articles may be affected.207.96.32.81 (talk) 17:10, 26 February 2024 (UTC)

The Fed prefers PCE over CPI because it's apparently a better indicator for determining monetary policy. However, it's not the indicator that the general public and media usually talk about when talking about inflation. As the US dollar article is mostly targeted at the general public, I don't think substituting PCE for CPI here is a good idea. Perhaps, it makes sense to list both indicators (like we do with CPI and CPIH in Pound sterling). I would really like to hear opinions of other editors on this subject. Vgbyp (talk) 10:53, 27 February 2024 (UTC)

I didn't know both was used in other articles. I prefer that as CPI enjoys media publicity. Start a WP:RFC or at a WikiProject. This article may not be as visible.207.96.32.81 (talk) 23:32, 28 February 2024 (UTC)