Real Inflation Rate vs. fake lies CPI

I'm willing to bet that the real inflation rate has soared to around 10% per annum in recent years. A far cry from the doctored CPI rate released by the government of 3.4%.

Anyone with documented proof on the subject?
 
Quote from ratboy88:

what planet are you on?

same planet as you

CPI fails to factor in the changes of short term consumer trends...

say for example an increase in the consumption of cheaper substitute goods in the face of growing inflation, or the reduction of certain goods in the basket used in the cpi calculation..
 
Quote from Mayo:

same planet as you

CPI fails to factor in the changes of short term consumer trends...

say for example an increase in the consumption of cheaper substitute goods in the face of growing inflation, or the reduction of certain goods in the basket used in the cpi calculation..

ok.. so now you are not talking constants.... he addressed this and called it "cost or survival", bottomline it is manipulation. but as he points out real CPI is 8%.
 
Quote from ratboy88:

ok.. so now you are not talking constants.... he addressed this and called it "cost or survival", bottomline it is manipulation. but as he points out real CPI is 8%.

if not higher.
 
Back
Top