Inflation Data That Does Not Represent Real Life Inflation
Angela Stone, CEO of Sloan Financial Group shares her thoughts on the actual inflation in the world. Even though the Fed data is showing around 2% if we want our investments to keep pace we need to understand what we are up against.
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CFS, so you’re trying to tell me hamburger meat today is not the same as hamburger meat in 1980?
We KNOW that the FED has adopted “substitution” thinking you will start buying Whoppers if they are cheaper than Big Macs. By using the false claim, they can substitute hamburger meat for steak. Well, aren’t they both beef? See? No inflation!
But what Substitution tells us is that we are getting poorer. I have often wondered what substitution would mean if we switch to old shoe leather instead of meat and ate dirt instead of vegetables. Where the HELL do we go from there?
To get a better understanding of inflation look at the CHAPWOOD INDEX. As it turns out, it comes close to matching John Williams’ inflation data.
Actual inflation runs from 7-13% depending on the city you live in.
http://www.chapwoodindex.com/
No, johnnygeneric, I’m telling you that Steak has been replaced by chicken.
The “excuse” is that American society has changing lifestyle patterns and that “in order to make the basket more representative” it has been modified.
Funny how it gets modified to cheaper items, making inflation appear less, so social security and other payments are adjusted in amounts lower than real inflation.
All a big joke………govt. LIARS……
Trump has a zero tariff ultimate goal.
Is it reasonable for foreign countries to systematically drain U.S. wealth?
China may be the last to reduce tariffs on U.S. goods, but the problem with China is not so much tariffs, but THEFT of technology.
Feinstein should be investigated; she is a traitor with respect to the Chinese.
You think she did not know! LOL.
The Feral Gooberment’s inflation numbers are a big lie.
But what can we expect from a country run by criminals???
This is one way the Gooberment steals from its serfs yet not one in a thousand serfs realize it is Gooberment theft.
I can not believe anyone still listens to any govt. numbers……..
Who cares what they say………it is a bunch of crap……..
Why do you think the Democrats accused Trump of collusion with the Russians?
Standard rule:
Always accuse the opposition of what you are doing first.
Zang with Money GPS talking about US statistics:
Celente rips our rulers a new hole…he seems to be getting more vociferous recently…can’t blame him, of course.
good one ……Celente…….calls it like it is………….
Yup, listened to it while I was barbecuing those turd burgers and washing them down with that urine beer. 🙂 What’s the old saying? You don’t buy beer, you rent it?
try turkey burgers…….they are healthier
Yes the price of hamburger has gone up…at the rate it’s going and if our Agenda 21 rulers have their way, you will be eating this…the other brown meat.
Japan scientist synthesizes meat from human feces
https://www.digitaltrends.com/cool-tech/japanese-scientists-creates-meat-out-of-feces/
Maybe they will drag out the corpse of Robert Mitchum to advertise…”The other brown meat…it’s what’s for dinner.”
Federal deficit is spiking upwards. https://nypost.com/2018/08/08/federal-deficit-spikes-20-percent-in-months-after-tax-cuts-spending-bill/
Federal “DECEIT”………more like it……..
Haha! Well Trump said he will shutdown the government with the next spending bill coming September 30th. So we’ll see how everything plays out soon..
Trump needs to have the deep state , CIA , cough up the Missing $21 Trillion they stole….
Too late…all spent on dictators, hookers and crack.
And the people of Colliefornia (as Ahnode calls it) will choose between Dianne Crimescene and the communist Diddlyeon in November….what a choice!
Did you know that in 1986 Dianne Feinstein visited China and her husband received a contract from a Chinese company? Her family has been receiving money from China ever since. She has been involved in major Senate committees that had major classified information of interest to China. She has employed a person who has recently been outed as a Chinese spy, who has been with her over 20 years.
Do you seriously think she is not a traitor to the US ? China has paid her husband $millions over the years! (She is, after all, one of the richest senators in the US)
That is why we need TERM LIMITS………..the Whores have gone mad……..
She is not the only one…..
You boys see this? If you don’t believe in “Climate Change” propaganda youtube will set you straight….And Katharine Hayhoe couldn’t be happier…what a name.
https://www.buzzfeednews.com/article/zahrahirji/youtube-climate-change-denial
You boyz better get back to work so you can be good little tax paying surfs…because Uncle needs you now more than ever…Read this while your munching on those turd burgers.
Get Ready for a Massive Government Spending Spree
A combination of factors will see federal agencies trying to spend as much as 40 percent of their budgets in the final two months of the fiscal year.
https://www.nextgov.com/cio-briefing/2018/08/get-ready-massive-government-spending-spree/150360/
https://www.youtube.com/watch?v=rsSMwZEK7TY
speech from Judicialwatch.
expect Mueller to stay until close to the elections and then make some surprise announcements or charges designed to affect the November elections in favor of Democrats.
long CMCSA
Space the Final Frontier….
Latest Jim Willie:
tHE GOVERNMENT HAS LONG USED “SUBSTITUTION” AS PART OF THEIR INFLATION CALCULATION.
The basket of groceries in 1980 is no longer similar to the basket today..
Also the natural prices of technological goods tend to stay similar while the actual products improve…..this is characterized by governments as more deflation than it actually is.