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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 337.60+0.4%Dec 22 4:00 PM EST

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To: Alan Bell who wrote (2238)2/3/2003 11:45:54 AM
From: Skeeter Bug  Read Replies (1) of 10065
 
folks, where is everyone seeing deflation? i see housing inflation that has been skyrocketing - homes in my area are up 100% in 6 years - and they weren't cheap in 1997, either!

basically, the govt rigs numbers. they didn't like gdp in 1996 so they changed the calculation and then bragged about a new economy based on the calculation change - NOT THE REALITY!

wrt inflation, it seems the govt just excludes anything that rises in price from the calculation. even so, the cpi is still rising.
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