Your tendency to believe (or support) official numbers supports my suspicion.well make up your mind. Do you want the fed to raise rates or do you just want to do it my way? "If you wait long enough someone will make up your mind for you" (Janet appreciated my advice and sent me a nice thank you note.)
I know, crazy that anyone would believe the exhaustively documented inflation numbers that they can easily verify themselves, which also happen to match the numbers the the economists at GS, McKinsey, and a slew of other private sector companies. Must be a plant. I'm actually an entrepreneur working on my second successful software startup, although I did serve as a military officer, so I guess that makes me untrustworthy in your eyes? In reality though, it doesn't matter if I'm one of those government officials or so rich my butler buys my groceries, as another poster asserted, neither has anything to do with the validity of my arguments. Can you point to any flaws you've detected in these specific "official numbers" or my points, or do you just have a vague but all-encompassing mistrust of anything related to the gubmnt and that's your "logic"? Also curious why you'd post an argument if your goal wasn't to further your point of view, are you just ranting? Clearly there is a strong undercurrent of folks here who's default worldview is that everything is a conspiracy. We can all learn from smart, well-meaning disagreement, but there's no learning to be had from mindless rants.You sound like either a politician or a Fed official (is there a difference?) In any case someone whose livelyhood depends on winning people over, something I don't really care about on this forum
Also, no, I do not think there is a conspiracy hiding hyperinflation, just a desperate struggle by the Fed officials to hide/disguise their incompetence at their jobs or anything to do with economy.
