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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (91325)	2/6/2008 11:41:25 AM
From: bart13	Read Replies (1) \| Respond to of 110194

Very true on the CPI(+lies) concept having started in the '60s, and then expanded under LBJ and subsequent administrations. John Williams just picks up the story in 1982 when homeowners equivalent rent started, but he's made reference multiple times to it having started in the 60s. You'd have to ask him about Stigler, etc. but my understanding is that his corrections are simply aimed at maintaining the early '80s CPI methodology for the purposes of exposing more truth and allowing apples to apples comparisons.