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To: SteveH

according to the US government CPI, inflation 1990-2017 was 2.43%, not 4.15%.

http://www.dollartimes.com/inflation/inflation.php?amount=1&year=1990

IOW if the price of gold is to be believed (???) as a measure of inflation, the USG lies.

Hypotethical scenario: If i put $1200 of US$ into a safe in 1990 and took it out today, I could have bought 3 krugerrands in 1990, but only one krugerrand today. Who has the two missing krugerrands today that i could have put in the safe had i bought gold in 1990?


3 posted on 03/28/2017 11:47:12 AM PDT by SteveH
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To: SteveH

if you want to know the real rate of inflation, don’t bother with the CPI

Perianne Boring
Feb. 3, 2014
forbes

https://www.forbes.com/sites/perianneboring/2014/02/03/if-you-want-to-know-the-real-rate-of-inflation-dont-bother-with-the-cpi/#70b5bace200b


5 posted on 03/28/2017 11:59:03 AM PDT by SteveH
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