To: Paul Ross; Mase
In like manner, current annual CPI inflation is understated by about 2.7% against the pre-Clinton CPI methodology (would be about 5.7%)I like this tidbit. So, if CPI were really 5.7%, why are 10 year T-Bonds yielding 4.28%? Maybe the current rate of 3.0% is more accurate than the pre-Clinton measurement.
248 posted on
07/21/2005 5:08:30 PM PDT by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
Maybe the current rate of 3.0% is more accurate than the pre-Clinton measurement.More likely it isn't.
Maybe the rates are simply responding to the market...which is highly distorted, due to China dumping its excess U.S. dollars accumulated into those T-Bills. Current PRC stash of Treasuries accumulated, $660 billion, and rising...
249 posted on
07/21/2005 7:45:43 PM PDT by
Paul Ross
(George Patton: "I hate to have to fight for the same ground twice.")
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