Tag Archives: CPI

INFLATION ABOUT TO EXPLODE HIGHER

“Those who are capable of tyranny are capable of perjury to sustain it.” ― Lysander Spooner We all know the BLS artificially suppresses the CPI through bullshit substitution adjustments, quality adjustments, and various other incomprehensible hedonic adjustments made by government … Continue reading

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Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion

Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted for inflation) median household income rose 5.2% between 2014 and 2015. Too bad it was completely bogus: the supposed increase in … Continue reading

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I Sure Am Glad There’s No Inflation

We are constantly bombarded with two messages about inflation: 1. Inflation is near-zero 2. This worries the Federal Reserve terribly, because stable prices are deflationary and deflation is (for reasons that are never explained) like the financial Black Plague that will … Continue reading

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What Happens to Sales and Employment When Corporate Profits Fall?

Corporate profits are back at the levels reached in 1990, 1999 and 2008 that presaged recessions and a sharp downturn in sales and employment. It really isn’t a surprise that corporate profits are falling: not only is the stronger U.S. … Continue reading

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It’s Time to Ditch the Consumer Price Index (CPI)

So why does the government maintain such a transparently inaccurate and misleading metric? For three reasons. That the official rate of inflation doesn’t reflect reality is obvious to anyone paying college tuition and healthcare out of pocket. The debate over the … Continue reading

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