that means it really just hit at least 17%
American Economics Thread
- Thread starter Bernard
- Start date
If even the crooked CPI data shows 8.5% inflation then you know things are bad.
IMO real inflation is >20%.
Add all the above up and divided by 7 and we get 20.15%
When China manufactures all the highly automated production equipment to make face masks and other personal protection devices, it is hard to compete with China on price and quality.
By the way, what happened to those auto company joint ventures to make ventilators & respirators in the US ?
Great!
Now let's impose even more tougher sanctions and embargoes on Russia!
Don't forget China and India too!
Sanction and embargo all of them like no f*cking tomorrow!
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I think the point the list trying to make is the CPI is cherry picked... they do substitutions so A5 waygu gets swapped with much cheaper mechanically seperated ground beef to give the illusion that overall inflation was kept low... this is because in US by law entitlements like social security and many other benefits are affected by cost of living adjustments... so they fake the CPI to cheat the recipients too
Do you buy waygu beef more often ground beef from walmart?
From shadowstats. One is based how CPI is based how CPI is calculated before 1980 and the other based on before 1990. CPI has been adjusted not once but twice to make inflation appear lower than it actually is.
