Korelin Economics Report

How the Government Deceives us on Inflation, as Rents and Housing Costs Soar

This is an interesting post on how the government is managing to cover up the inflation in housing rents. By keeping the housing rent number low the overall CPI, which has a weight in the CPI of about 30%, the final number is much lower than reality. This is still just one component to the equation however it is another sign that the numbers released by the Bureau of Labor Statistics can not be taken at face value.

Click here for the full post.

Exit mobile version