View Single Post
  #30  
Old 11-25-2007, 02:31 AM
DcifrThs DcifrThs is offline
Senior Member
 
Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Hiding a Recession

[ QUOTE ]



"The CPI on the Alternate Data Series tab here, reflects the CPI as if it were calculated using the methodologies in place in 1980."

[/ QUOTE ]

one thing i find odd about this claim of yours is the following.

you've stated many things that lead yout o believe we have much higher inflation than we "officially" do.

to name a few: dollar in the toilette, gold high, crude oil high etc.

but look at the above chart. according to this, 10 years ago (well, 1998), the infaltion was supposedly "really" only 3 percentage points less than it is today. how is it possible that with all of the turmoil you quoted as evidence of the inflation we have today that in 1998 there was virtually the same infaltion rate (According to your own source) yet not a single one of those turmoils were in effect?

bascially, my poitn is that with all of these hugely inflationary issues, one would think that the source you quoted would show much more than a 3percentage point differential between 1998 (a vastly different period of time regarding the evidence you claim towards the current inflationary period) and today.

Barron
Reply With Quote