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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST
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To: TobagoJack who wrote (85346)12/30/2011 11:14:38 PM
From: bart135 Recommendations  Read Replies (1) of 217944
 
I find it illustrative that he has little to nothing factual, but does have a personal attack.

Three things that I've never read from Williams about the lying CPI:
1. Medical is about 6.5% of CPI, but about 18% of GDP (BLS math 'magick' - must be those person corporations using most of the medical services, as opposed to real humans ;-)
2. the BLS uses hedonics, but no reverse hedonics in the sense of subtracting for poor quality of particle board furniture vs. real wood furniture, as just one example.
3. Anyone who knows people who have lived on SS only for a while knows without doubt that their standard of living falls every year, and CPI-W on which the SS yearly adjustments are based is higher than CPI-U.
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