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To: fwdude

The CPI calculations that are produced each month by BLS are a meaningless number generator. The various globalists who have been in control (Presidents, Deep State, Congress) since the mid 1980s have tortured the methodology such that it hardly bears a shadow of a resemblance to the mission: to calculate a constant representative basket of goods for the purpose of tracking price changes. It does not do that anymore.


9 posted on 01/09/2024 1:55:27 PM PST by rigelkentaurus
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To: rigelkentaurus

I’m sure that their formula can be “jimmied” to say whatever they want.

Didn’t the “basket of goods” for prices get revised recently to mitigate a sharp uptick in inflation? It seems that these metrics don’t ever stay the same, conveniently.


11 posted on 01/09/2024 2:02:27 PM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
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To: rigelkentaurus

The CPI should be based on the things that people regularly buy. So what if the price of big screen TVs drops 30%. It’s not like people buy a new TV every year. No. The things we regularly need are food, shelter, transportation, and energy. All of those things seem to be 20% or more expensive in just the last few years.


15 posted on 01/09/2024 2:16:22 PM PST by CitizenUSA (Proverbs 14:34 Righteousness exalts a nation, but sin is a disgrace to any people.)
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