3 Comments
User's avatar
⭠ Return to thread
Gbill7's avatar

I appreciate your efforts in rounding up all this data for us! My question is: what is your confidence level in the data itself, relative to your confidence in data given in past eras? Are the regulatory agencies ‘spinning’ the data more these days, just because it has become the government cultural norm? When the government says that inflation has lessened

Expand full comment
Peter Nayland Kust's avatar

Broad brush statistics such as consumer price inflation are inherently problematic, and always have been. The CPI was arguably rigged back during the Clinton administration, which is why some assume consumer price increases are a sugar coating of the "real" inflation rate

By far the most meaningful aspect of the CPI data is the trend. Do I accept the government line that inflation is at 6%? Only so far. I do accept that inflation coming down, albeit slowly.

Expand full comment
Gbill7's avatar

...has lessened, do you suspect that the inflation data is more ‘manipulated’ than it would have been 10 years ago?

Expand full comment