Re: Anyone Else At The Panic Point On The Dollar?
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That insulting 0.8% CPI in Q3 really woke me up and got me digging on the subject. Eventually people are going to realize it is being systematically understated (some do, hence the last five years).
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Can you elaborate on this. I agree that the CPI has been understated. What I haven't seen evidence for is the conspiracy-theory aspect. Who has both the motive and the power? Who is putting pressure on whom to understate it? Why has there not been a scandal or even a hint of a whistle-blower?
I know all about the core inflation thing, but that was a long time ago.
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CPI being understated means the U.S. government pays less in COLA adjustments. Might have been mentioned in another post so apologies if so.
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