Hi enoonmai,
As for the "true" inflation rate well the US government has done a splendid job of "manufacturing" its own figures to suit its needs... and has been doing so for years.
Did you know that the US government no longer factors in energy or food into CPI or inflation as they believe they are too "volatile" price wise... they now only display the "core" CPI / Inflation figures that remove both of these.
It seems to me just a little to convenient that the two areas that have increased considerably the most over the years they have decided to remove from their own figures due to these dubious reasonings.
Now if you wish more info on how this figures are manipulated then try reading the following:
http://www.marketoracle.co.uk/Article32192.html
http://www.marketoracle.co.uk/Article32183.html
http://www.marketoracle.co.uk/Article31937.html
http://www.marketoracle.co.uk/Article31806.html
- Forums
- ASX - By Stock
- GOLD
- obama to ask for debt limit hike says treasury
obama to ask for debt limit hike says treasury, page-14
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online