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An Excerpt From John Mauldin's (A Respected Economist) On Inflation

elgordo38
elgordo38
in General Topics

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The CPI is an artificial amalgamation of the prices of various products and services. The composition of the CPI has changed significantly over the last 40 years. As John Williams at Shadow Stats demonstrates, if we used the same measurement methodology that was in force during the Reagan years or the early Clinton years, inflation would be almost 4 percentage points higher now than it is currently calculated to be.

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Pensioners have been scr#wed for years. I think we pensioners were always aware of this.

Not related to Thailand

//CLOSED//

Arnold Judas Rimmer of Jupiter Mining Corporation Ship Red Dwarf

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