JUST IN - US inflation rises to 7.9% in February, hit a 40-year high, more than expected and likely only a harbinger of even higher prices yet to come.
The current CPI calculation is a goal-seeked scam to underreport with “hedonic” adjustments the actual realities on the ground. 7.9% “inflation” is laughable for anyone not operating from gov Ivory Tower. John Williams uses the CPI calculation methodologies from the 1950s, when the US government was quite a lot less criminal, and actually bothered to incorporate real-world indicators; to wit:
JUST IN - US inflation rises to 7.9% in…
The current CPI calculation is a goal-seeked scam to underreport with “hedonic” adjustments the actual realities on the ground. 7.9% “inflation” is laughable for anyone not operating from gov Ivory Tower. John Williams uses the CPI calculation methodologies from the 1950s, when the US government was quite a lot less criminal, and actually bothered to incorporate real-world indicators; to wit:
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