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 | No Comments | Add Comment
Post contains 121 words, total size 2 kb.




What colour is a green orange?




19kb generated in CPU 0.0526, elapsed 0.725 seconds.
35 queries taking 0.7194 seconds, 157 records returned.
Powered by Minx 1.1.6c-pink.
Always on Watch
The American Thinker
Bird`s Articles
Old Birdblog
Birdblog`s Literary Corner
Behind the Black Borngino Report
Canada Free Press
Common Sense and Wonder < br/ > Christian Daily Reporter
Citizens Free Press
Climatescepticsparty,,a>
_+
Daren Jonescu
Dana and Martha Music On my Mind Conservative Victory
Eco-Imperialism
Gelbspan Files Infidel Bloggers Alliance
Let the Truth be Told
Newsmax
>Numbers Watch
OANN
The Reform Club
Revolver
FTP Student Action
Veritas PAC
FunMurphys
The Galileo Movement
Intellectual Conservative
br /> Liberty Unboound
One Jerusalem
Powerline
Publius Forum
Ready Rants
The Gateway Pundit
The Jeffersonian Ideal
Thinking Democrat
Ultima Thule
Young Craig Music
Contact Tim at bgocciaatoutlook.com

Monthly Traffic

  • Pages: 76544
  • Files: 17138
  • Bytes: 7.8G
  • CPU Time: 180:53
  • Queries: 2737809

Content

  • Posts: 28510
  • Comments: 125435

Feeds


RSS 2.0 Atom 1.0