SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tntpal who wrote (35787)12/11/2021 3:13:30 PM
From: tntpal6 Recommendations

Recommended By
DinoNavarre
Hugh Bett
isopatch
roguedolphin
SliderOnTheBlack

and 1 more member

   of 50713
 
Bill Ackman blasts CPI calculation, says inflation now in double-digits

"The inflation that households are actually experiencing is raging and well in excess of reported government statistics," says Bill Ackman, noting Owners’ Equivalent Rent - which yesterday officially posted a 3.5% Y/Y increase - falls woefully short of describing what's actually happening in the real world. Ackman reminds that the country's largest single-family landlords are reporting 17% Y/Y gains in rent.Why does it matter? Well, OER accounts for 24% of the headline inflation calculation and 30% of core CPI, so it's kind of important to get it right. If the statisticians at the BLS incorporated reality into their models, the core rate of inflation in the U.S. would be 9%, rather than the 4.9% reported yesterday. The headline rate would be 10.1% vs. the 6.8% reported.

seekingalpha.com




seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext