eagle1462010
Diamond Member
- May 17, 2013
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Do you believe the inflation rates the Gov't is reporting?
They keep claiming lower CPI, aka Inflation is low, but when I go to the store the basket of goods I buy seem to be much higher than before.............
Soooooooo.......Who else believes that prices have gone up more than the BLS CPI reports...........In other words have they changed the way they calculate inflation to make it look better than it actually really is today.....
Peter Schiff doesn't think so and actually used some standard basket of goods over the years and believes they are purposely changing the basket of goods to give a false, lower, inflation rate. It's an older video but it makes the point.
What says you?
They keep claiming lower CPI, aka Inflation is low, but when I go to the store the basket of goods I buy seem to be much higher than before.............
Soooooooo.......Who else believes that prices have gone up more than the BLS CPI reports...........In other words have they changed the way they calculate inflation to make it look better than it actually really is today.....
Peter Schiff doesn't think so and actually used some standard basket of goods over the years and believes they are purposely changing the basket of goods to give a false, lower, inflation rate. It's an older video but it makes the point.
What says you?