The Real Inflation Rate is 10%
As I’ve written about repeatedly in the past, the government routinely changes how it reports inflation in order to make the new larger numbers look smaller. If we reported inflation now the way we used to report it in the 70s before some of the major “changes” in reporting protocol, we’d see that for february, inflation was at about 9.6% for the United States.
Here’s a great article from CBNC explaining the inflation rate. That the mainstream media is on some level reporting this is kind of encouraging. Later today, I’ll be publishing another article on inflation, so stay tuned.
More on this topic
(What's this?)
Two Measures of Inflation: New Update
(Phil’s Stock World, 11/30/12)
The U.S. Lies About Inflation: Here's The Inflation Secret The Government Doesn't Want You to Know
(Money Morning, 4/13/12)
Friday Charts: Running for Smiles, Inflation Fears and Scary Unemployment
(Wall Street Daily, 5/4/12)
Climb on Board to Understand Round-Trip Trading
(Investing School, 4/25/12)
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