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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: wsringeorgia who wrote (48038)12/15/2000 9:16:10 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
you're quite right. since the changes to the statistical methodologies for calculating PPI & CPI were implemented, the govt. data do not capture reality anymore. proof for this can be seen when comparing a ROC chart of the CRB & PPI crude goods inflation by overlaying it with a CPI/PPI chart. clearly, the former traditionally led the latter, leading to spikes in CPI/PPI ROC approximating the size of the spikes in CRB/crude goods ROC with a slight several month lag. this has been completely smoothed out, coincident with social security payments being tied to COLA.
so basically the govt. is lying about the true extent of inflation.

thanks for pointing out this little tidbit about unregistered workers...it lends even more credence to the above assertions.
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