[algernonpj]

Debating people with a fixed mentality is a waste of time. True. LOL.

And those who substitute insults for addressing the original post about hedonics and substitution effect lack logical arguments to rebut the corruption resulting from said 'enhancements' to the CPI.

[Mase]

substitute insults for addressing the original post about hedonics and substitution effect lack logical arguments to rebut the corruption resulting from said 'enhancements' to the CPI.

Did I miss the post where you explained how it is you and Williams know more than all those folks out there in the bond market who actually invest their money based on the fact that you have no idea what you're talking about?

You (via Williams) claim that the "unvarnished" CPI is approximately 10%. The current yield on a 10-year treasury is 3.38%. They don't seem to be having a whole lot of trouble selling them at that yield. Who should we believe......the massive breadth and depth of the global bond market or some forum warrior named algernonpj and a guy selling a newsletter who won't show his work?

What to do...what to do....