Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: wsringeorgia who wrote (48038)	12/15/2000 9:16:10 AM
From: pater tenebrarum	Read Replies (1) \| Respond to 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.

To: wsringeorgia who wrote (48038)	12/15/2000 9:49:16 AM
From: Les H	Respond to of 436258

The wage statistics are useless unless one separates out new hires which include downward bias from H1-B visa and other immigrants, and established employees on the job one or more years. They have a downward bias as unemployment falls, and an upward bias as now when unemployment rises. Similarly, those Cisco, Tyco, and other roll-ups revenues, cash flows, and earnings should be stated per product/service lines that have been online for at least one year.