I’ve re-located a few of the articles to which I have lost links:
Here’s an article by
Bill Williams of Pimco about the CPI undercounting inflation:
“I’ll tell you another area where we’ve been foolin’ ourselves and that’s the belief that inflation is under control”
Another article citing Bill Gross of Pimco and Andrew Harless, vice president of econometric analysis at Atlantic Asset Management and others taking issue with
hedonics.
The Three Stooges of Inflation from Mises.