GOLD 0.51% $1,391.7 gold futures

Shadowstats and inflation

  1. 7,423 Posts.
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    Most of the CPI data reported by official sources suggests inflation in the US is quite low. This confounds many pundits who predicted that QE would cause hyperinflation and suggested that investing in gold was a really good idea.

    The last resort for these confounded pundits was to claim that the government was rigging the numbers and they pointed to alternative sources, like Shadowstats, who suggest that inflation is much higher.

    I was amused to read that the $175 annual subscription charged for Shadowstats hasn't been increased for eight years.

    Source: http://krugman.blogs.nytimes.com/
    Disclaimer: This is posted is very low in substance and intended only for its entertainment value.
 
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