>> the intellectual/economist class use asinine definitions of inflation ie Core (excluding food, housing and energy) inflation is down.
Isn’t it hilarious that they fail to include in the inflation index the very things that people absolutely MUST purchase to live?
And what would the inflation rate have been if housing had been included in the inflation rate in the naughties!
Kevin Phillips wrote a devastating article and book on how the government jiggles numbers in a wholesale manner to the point that one can argue about the veracity of virtually any figure put out by any government authority.
Just like they don't count unemployed people in unemployment figures.
The government doesn't count someone as unemployed when they are out of a job for more than 6 months. Funny, if they were serious they would stop counting them as unemployed when they actually found a job and began working again.
You cannot believe nor trust the government.