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I'd have to see real numbers to believe you on the items you mentioned above, I'm afraid simply stating that something is the case doesn't make it so. But regardless of what the numbers are, you might want to ponder that your wallet doesn't know the difference between a dollar/pound spent on...

Southall, You shocked at 50% cost of living increase over the last 5 years? Do you want to know where people get the money to foot that? 15k in credit card, 27k in auto debt, 49k in student debt. And no, we're told that everyone is only seeing 1.64586% increases in their cost of living...

Good lord Martin, if you showed the CPI a fraction of the indignation you show here, you would have long thrown it in the garbage. It is obvious that the "sales" is a typo, when considering that the other 499 items are defined and are only intended to give an indication of what is being tracked...

I call BS on this, no you don't. Anyone can read your past posts for themselves. Is that the best you can do? If it is, you've got no argument. So you have a problem with 1% of the index, big whooping deal! Someone who is unbiased and reasonable would instead point out a few of the items you...

Like the lifelong drunk lying on the floor who says, "I waassss sooobbbberrr for 3 months back in 2010"...

What you linked to is not the raw data. Where is the raw data? So, you fault John Williams for not providing access to his analysis but you don't have a problem with the government doing the same? On the old "Bernanke QE2 averts deflation..." thread, what I see there is basically an a priori...

Me, a socialist? Thanks for the laugh, more likely a Freudian slip on your part. No it doesn't suggest that, that's a non sequitur. Speaking of data, can you show me the raw data from which the BLS computes the CPI which allows you to conclude with such certainty that they in fact reflect reality?

I searched for your posts and only found a couple which were basically a whole lot of nothing. It doesn't take a genius or even John Williams to know that the government's CPI or the BEA's deflator doesn't reflect reality, ask any mother who shops for groceries on a regular basis, or is...

Hey now, don't that let door hit you on the way out, lol. For those who are honest enough to deal with reality: http://www.chapwoodindex.com/

From your response I gather that you don't know the difference between purchasing power parity and purchasing power... http://www.businessinsider.com/gdp-adjusted-for-inflation-2011-5 http://www.advisorperspectives.com/dshort/updates/GDP-Deflators.php And what part of the following do you...

I gave you the timeline a few posts back along with some of the reasons why I expect it. Are you even reading this thread or are you just posting because your feelings got hurt? Talk about emotional... Again, your relative argument doesn't fly. The fact that it might take a while for boneheaded...

First you can't eat GDP for breakfast. Second much of that GDP growth is unsustainable because it was caused by and continues to be driven by credit/debt growth. See the recent US second quarter GDP number for example. Third, why not comment on the statistics I mentioned earlier? Not only is...

Hi James, The point of the article was to show that Keynesian type spending doesn't work when common sense reforms are ignored. The failure of Japan's prior 26 fiscal packages is staggering...

Again, your relative argument doesn't fly. The fact that it might take a while for boneheaded policy to bear its fruit unto death does not invalidate the reality that said policy is wrong and dangerous. Japan's national output is down 30% in the last 5 years and is at risk of collapse under the...

Sig, Where's your answer to my question? Your argument above is a straw man. I'm not an anti-intellectual and not anti statistics, if that were so I wouldn't see great value in the Austrian school of economics and would not be citing statistics. The problem with academia today is that it is...

Your relative argument is a lame copout. People in Japan don't wake up going "Oh man, I haven't been able to save up enough for my pension, but jolly ole me, I'm not Greek! Hurray!" Did you read the article? Here's an excerpt: "The nation has had extra budgets every year since at least 1993...

The whole democracy thing has worked reasonably well since 1776. As much cannot be said for mainstream economic thought, which by and large has led to persistent booms and busts with the latest bust resulting in the hollowing of the middle class, a huge increase in the number of people on...

Floors 40 to 20 can feel quite 'pleasant' with the wind in one's face as one is falling from the 80th floor to the ground with nothing but hard asphalt waiting at the bottom. The answer isn't low to zero interest rates forever, that's actually part of the problem. To get to the answer you need...

http://www.bloomberg.com/news/articles/2016-07-31/abe-s-fiscal-plan-follows-a-long-road-of-packages-that-failed

Well, you can ignore the elephant hiding under the rug if you'd like. Japan is passed out on the floor, and Dr Keynes is pumping (more) heroin into its arm faster than a hooker on a Saturday night. China is trying its best to look alive when it's a walking debt zombie. Eurozone is eurosclerotic...