[wattsgnu]

I’ve seen it in freerepublic before that the method of calculating inflation has changed over the years. According to John Williams of shadowstats.com, if inflation was measured the same way that it was back in 1990, the inflation rate would be about 5 percent right now. If inflation was measured the same way that it was back in 1980, the inflation rate would be about 9 percent right now. But instead, we are expected to believe that the inflation rate is hovering around 2 percent.
I guess this was done to prevent the sheeple from knowing how bad things really are.

[Syncro]

For the last few years there has been no COLA added to Social Security checks.

That is one of the main reasons we don't see the inflation.

They have decided that food and gas prices won't be added in to the cost of living inflation index.

This year I think there was a small increase.

[jdsteel]

But instead, we are expected to believe that the inflation rate is hovering around 2 percent. I guess this was done to prevent the sheeple from knowing how bad things really are.

Even worse; since SS increases are based on CPI the government has a conflict of interest. They desperately need to have a low CPI for both bond yields and what they pay to seniors. If they were a pension fund they would all be in jail by now.