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To: Bon of Babble

Shadow stats is bunk. That’s not to say that CPI is accurate - for example the OER and rent #s are just ludicrous currently in CPI - but Shadow stats overstates inflation more than CPI understates it.


11 posted on 03/10/2022 7:25:51 AM PST by rb22982
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To: rb22982

More details, please—in what sectors do you think shadowstats is incorrect?


13 posted on 03/10/2022 7:34:23 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: rb22982

“Shadow stats is bunk.”

For the individual it matters not what the government CPI or Shadow Stats reports. What matters is the actual inflation of the market basket the individual consumes and if the individual’s income is increasing in line with the inflation rate of that market basket. If the prices of the things I consume are rising 7%, and my income is rising 10%, inflation is not a factor. If the converse is true, inflation of what I actually buy is going up 10% annually, and my income only 7%, my actual disposable income is declining 3%.


14 posted on 03/10/2022 7:54:16 AM PST by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on it.)
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To: rb22982

I believe them over the government.


19 posted on 03/10/2022 8:43:07 AM PST by Bon of Babble (Rigged Elections have Consequences)
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