Re: X Post: My thoughts on the coming dollar collapse
Boro,
I agree CPI and Core are both statistical swindles. The macro effect of these swindles is lower wage growth in the blue-collar brackets.
Employers cite the authority of gov't-generated stats, to rationalize low-to-no annual increase in wages. This creates a huge latency between real inflation and resulting wage pressure.
Employers love the CPI and Core numbers. (Especially Core)
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