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The government is NOW admitting the inflation is 9.1% and we all know it is at least double that.
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BeamMeUpScotty
Mar 13, 2012, 3:43:04 PM3/13/12
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The government is NOW admitting the inflation is 8.1% and we all know it
is at least double that.
I have been saying for some time now that gas and meat are rising at
close to 25% rate of inflation. Funny that they had to admit that it's
going up yet they still lie about how much..... The hyper inflation
is already a sealed deal. We will be in trouble soon enough and we are
headed for a government under Presidential emergency powers, a loss of
constitutional freedoms.
--
Bread and beer increased prosperity to a level that allowed time for
development of other technology and contributed to the building of
civilizations.[19][20][21][22]
He has the most who is most content with the least.
Diogenes
BeamMeUpScotty
Mar 13, 2012, 5:25:31 PM3/13/12
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Sir Ray
Mar 13, 2012, 5:40:48 PM3/13/12
to
On Mar 13, 3:43 pm, BeamMeUpScotty
An independant economic institute, the American Institute for Economic
Research, has developed it's Everyday Price Index (EPI).
http://www.aier.org/article/7557-epi-reflects-basic-economic-change
Now, a change to the CPI 'basket of good' to perhaps more accurately
reflect current consumer purchases isn't such a bad idea, but what is
in the CPI market baskets:,
"What goods and services does the CPI cover?"
http://www.bls.gov/cpi/cpifaq.htm#Question_6
While I don't see a list of the various (averaging) weights applied to
each group, (Possible on a different page), I do see gasoline is
indeed covered under the Transportation category and so included in
the inflation calculations (but at what weight?).
I note according to the graphs that AIER provides of it's EPI vs CPI
tracking, starting around the turn of this century the indices
diverge, reaching a peak around the time of the Financial crisis (late
2008 into early 2009). Looks like there was another peak mid last-
year (the manufactured "Debt" crisis maybe?), and now the EPI is going
down again.
> and we all know it is at least double that.
Actually we all know it isn't that high.
> We will be in trouble soon enough and we are
> headed for a government under Presidential emergency
> powers, a loss of constitutional freedoms.
Oh Lordy, the freaking Black Helicopter True-Believer Brigade from the
end of the 20th century has resurrected themselves to sqwak and whine
again.
<ThenDestroyEveryth...@blackhole.nebulax.com> wrote:
> The government is NOW admitting the inflation is 8.1%
No, not the government at all.
> The government is NOW admitting the inflation is 8.1%
An independant economic institute, the American Institute for Economic
Research, has developed it's Everyday Price Index (EPI).
http://www.aier.org/article/7557-epi-reflects-basic-economic-change
Now, a change to the CPI 'basket of good' to perhaps more accurately
reflect current consumer purchases isn't such a bad idea, but what is
in the CPI market baskets:,
"What goods and services does the CPI cover?"
http://www.bls.gov/cpi/cpifaq.htm#Question_6
While I don't see a list of the various (averaging) weights applied to
each group, (Possible on a different page), I do see gasoline is
indeed covered under the Transportation category and so included in
the inflation calculations (but at what weight?).
I note according to the graphs that AIER provides of it's EPI vs CPI
tracking, starting around the turn of this century the indices
diverge, reaching a peak around the time of the Financial crisis (late
2008 into early 2009). Looks like there was another peak mid last-
year (the manufactured "Debt" crisis maybe?), and now the EPI is going
down again.
> and we all know it is at least double that.
> We will be in trouble soon enough and we are
> headed for a government under Presidential emergency
> powers, a loss of constitutional freedoms.
end of the 20th century has resurrected themselves to sqwak and whine
again.
Bob LeChevalier
Mar 22, 2012, 12:30:53 PM3/22/12
to
BeamMeUpScotty <ThenDestro...@blackhole.nebulax.com> wrote:
>The government is NOW admitting the inflation is 8.1% and we all know it
>is at least double that.
The government is doing no such thing, and it isn't half that. Liar.
>The government is NOW admitting the inflation is 8.1% and we all know it
>is at least double that.
lojbab
---
Bob LeChevalier - artificial linguist; genealogist
loj...@lojban.org Lojban language www.lojban.org
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