Lies, Damn Lies & Official Consumer Price Data

Jon Williams at an alternate figure for U.S. Consumer Price Inflation (CPI) that he presents alongside the official rate based on the methodologies in use prior to 1980. September 2012 stats show current price inflation at just under 10% compared to 2% “official” inflation rate as measured by the official CPI. Using methodology of 1990, the rate is about 5%.

One Response to “Lies, Damn Lies & Official Consumer Price Data”

  1. Brent B dice:

    It is treasonous that they lie to use but somehow even worse they lie to themselves.

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