[PragmaticPulp]

> John William's shadow stats. He simply measures inflation as the government used to in the 80s and 70s, and surprise surprise its more like 10% or 14%

I don’t understand how anyone who knows about basic compound growth can take this seriously.

10% annual inflation from 1970 would mean prices have increased by 150X since 1970.

That would mean houses would have cost a couple thousand dollars and a dozen eggs would have been about four cents.

And that’s only using the lower 10% estimate, not the higher 14% estimate. It’s obviously not even close to reality.

It’s a quack website that can’t even hold up to the most basic scrutiny.

[jones6ofMont]

Basic stuff like eggs, noodles, rents align quite consistently with shadowstat. Even iPhone top model prices after 2010s seems to follow shadowstat numbers. The problem is China production. We enjoyed years of "deflations" pressure from "Made in China" and USD being hugely popular. Going forward with immense dedollarisation pressure (petrorubbleyuan) and rising cost of Made in China and lower quality from Made in India (India is currenrly in early stage of manufacturing curve so quality is not there yet) would increase our inflation. Even if it is not going Turkeye style, a persistent high inflation of 6-9% EVERY YEAR without strong USD demand will make shadowstat numbers more and more realistic than government's.