|
|
|
|
|
|
by prottog
1355 days ago
|
|
|
The government is sandbagging CPI figures in order to lower its obligations that are tied to the official inflation rate, like Social Security payments. This isn't some underworld conspiracy theory; look at some of the academic discussion around ShadowStats. If we take home prices, comparing 2000 to 2019 (before the pandemic-related craziness in the real estate market took place), they went up by 85% in that time period[0], compared to 48.5% in the CPI[1]. [0]: https://fred.stlouisfed.org/series/ASPUS [1]: https://www.minneapolisfed.org/about-us/monetary-policy/infl... |
|
|