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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: octavian who wrote (34126)	1/21/2008 7:13:36 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 42834

--That is an opinion, but you stated it as though it was a fact If you want to see why it is a fact, go to shadowstats.com John Williams computes CPI as it would be if we followed the methodology in 1992. The CPI would turn out to be 7.5% or so in that case. What happened in between 1992 and now is a series of tricks like hedonic pricing, substitution, geometric weighting and so on. That is why the government "inflation" numbers or 2% or so seem so unreal to the vast majority of people who have to eat, drive cars, heat their homes, school their children and take care of health expenses.