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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (100247)4/21/2013 6:30:20 AM
From: golfer72  Read Replies (1) | Respond to of 217645
 
This US citizen is very aware. I shop for food every week. Are Americans really that dumb?



To: elmatador who wrote (100247)4/21/2013 9:08:39 AM
From: RJA_  Read Replies (1) | Respond to of 217645
 
>>>. In the US CPI is a tool to pull the wool over the eyes of the wage earner and the Social Security recipient.

True, but obviously not good enough.

Coming next: The chained CPI.

Or, how to pretend you are measuring inflation by comparing products of declining quality over time and pretending that they are the same.



To: elmatador who wrote (100247)4/21/2013 9:57:18 AM
From: bart132 Recommendations  Read Replies (5) | Respond to of 217645
 
1970 U.S. average new car price $3,542, 2012 average new car price $30,748 (8.68 times higher).
CPI New vehicle index 1970-2012 moved from 52.7 to 146.0, which is 2.77x.

They're really over 3 times better?



To: elmatador who wrote (100247)4/21/2013 10:27:12 AM
From: Metacomet2 Recommendations  Respond to of 217645
 
The US citizen is not aware of food inflation nor is he of energy inflation.
Wanna bet?

No American needs to consult an economist to know that he is being squeezed at the pump or the super market

We are acutely aware of the reality if not the arcane economic references