March 28, 2024
Diane Kimura
We are not comparing apples to apples. The BLS changed the CPI calculation method - was it politically motivated to deceive Americans about the real impact of the failed economic policies?
Why does everything feel so unaffordable?
According to the pre-1983 CPI calculation method, inflation is nearly TRIPLE what current CPI data says.
If you used pre-1983 CPI, inflation peaked at 18% in November 2022 and currently stands at a whopping 8%.
Under this method, housing inflation more than DOUBLED since 2020 alone.
Even in August 2023, this CPI inflation method would've put inflation at 12%.
Perhaps this is why there is such a large gap between headlines and reality.
Are our inflation formulas off?

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Posted by: Mike Rooney at June 25, 2024 04:29 AM (RGOmZ)
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