9.28.2007

The CPI is a fraud, update

We all feel the disconnect between the official CPI and the rising prices of everything we see. That's obvious.

What's not obvious is why the CPI differs so greatly from actual inflation.

Well, here's your answer. Spend a few hours at ShadowStats, where economist John Williams has made a career of dissecting the CPI methodology.

No comments:

Consider this

There are already 25 times more millionaires in the US than people who will ever be able to own one Bitcoin.