Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Devaluation
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 1052443, member: 6492"]Hi wl,</p><p> </p><p>aaaaarrrgggh. They've changed the formulae used to calculate various gov't stats. This particularly includes the CPI.</p><p> </p><p>For example, housing makes up 20% of the market basket. Housing's been flat for since the real estate meltdown so that's a drag on the CPI . . . but it's get better. They use a Rental Equivalent rather than owned houses so they missed the entire real estate boom. </p><p> </p><p>Also, they use Hedonic Adjustments. Yeah, I know but it's neat. This means that if the product is New and Improved, they can charge more and the price increase is not considered inflationary. Oh, this makes sense but ONLY if I can still buy the old and unimproved version. When I traded in my 2000 Montana for a 2005, it was 5K more for things I didnt' want or need, but were part of the package. feh.</p><p> </p><p>Lastly, flat screens and computers are helping to defray the increases in commodities - which don't show up in the CPI but have to work their way thru the entire production process.</p><p> </p><p>If you're curious about how badly we're being screwed, go to:</p><p> </p><p><a href="http://www.shadowstats.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.shadowstats.com/" rel="nofollow">http://www.shadowstats.com/</a></p><p> </p><p>It's a web site run by John Williams where he recalculates the primary gov't stats using the formulae they used when Reagan was President. Inflation's really about 8% and Unemployment is about 22%.</p><p> </p><p>what's in your pocket?</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1052443, member: 6492"]Hi wl, aaaaarrrgggh. They've changed the formulae used to calculate various gov't stats. This particularly includes the CPI. For example, housing makes up 20% of the market basket. Housing's been flat for since the real estate meltdown so that's a drag on the CPI . . . but it's get better. They use a Rental Equivalent rather than owned houses so they missed the entire real estate boom. Also, they use Hedonic Adjustments. Yeah, I know but it's neat. This means that if the product is New and Improved, they can charge more and the price increase is not considered inflationary. Oh, this makes sense but ONLY if I can still buy the old and unimproved version. When I traded in my 2000 Montana for a 2005, it was 5K more for things I didnt' want or need, but were part of the package. feh. Lastly, flat screens and computers are helping to defray the increases in commodities - which don't show up in the CPI but have to work their way thru the entire production process. If you're curious about how badly we're being screwed, go to: [URL]http://www.shadowstats.com/[/URL] It's a web site run by John Williams where he recalculates the primary gov't stats using the formulae they used when Reagan was President. Inflation's really about 8% and Unemployment is about 22%. what's in your pocket? peace, rono[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Devaluation
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...