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| Economy |
| How the Feds Hide Inflation |
| 2011-05-02 |
| h/t Gates of Vienna If the same methodology that was used in 1980 to chronicle the double digit inflation of that era were in use today, we would have an inflation rate of ten percent right now, according to Shadow Government Statistics. We are entering a massive era of stagflation which recalls to us our writing in Catastrophe, published two years ago, that “inflation may well be the enduring legacy of the Obama presidency.” How does the federal government understate the inflation rate? Let us count the ways: |
| Posted by:gr(o)mgoru |