alexlaird87
Alexlaird87
alexlaird87

The CPI, core or otherwise has been nothing but smoke and mirrors for almost 20 years and is wholly useless in for measuring inflation. Between ‘revisions’ and ‘weighting’ which continually downplay basket items on the rise and put more importance those which “just so happen” to currently be low it’s nothing but

Saying it don’t make it so.

Don’t you just love the fact that the guy who said “Go Go Gadget Vanguard Fund!” got his comment approved 10 mins after the article went live, while valid and throughout counterpoints are still awaiting approval almost 10 hours later.

Much of your article is based of old and defunct economic theory. “Inflation is always and everywhere a monetary phenomenon”. Inflation isn’t rising prices or weakening dollar, those are both just symptoms of inflation. Inflation is an increase in the supply of money; specifically money printing, ~0% interest rates