March 28, 2024

The Real Inflation Rate

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?

May be an image of text that says 'Official and Estimated CPI using pre-1983 housing methods, 1974-2023 Year-over-Year Change in the Price Index 20 16 12 Official CPI Estimated CPI using pre-1983 Housing Concepts Nov-23 Nov-23 Apr-74 Apr-84 Apr-94 Apr-04 Note: 1983 is excluded during the transition, see text for imputation procedure. Source: Bureau of Labor Statistics; Authors' Calculations. @KOBEISSILETTER Apr-14 Apr-24'

Posted by: Timothy Birdnow at 07:31 AM | Comments (1) | Add Comment
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1 Good step you have written of writing content relating to cooperate sense. Better yet good working skills and hope you write more of this soon. Ricky Bobby Jacket Cheap

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

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