INFLATION, DEVALUED DOLLAR -- GOVERNMENT DATA ARE FALSIFIED
Blogger's note: Once again our government is changing the way the consumer price index (CPI) is calculated. This will be done to mislead the people into believing that their personal financial conditions and that of the nation are better than they really are. I've written earlier that government data are falsified with focus on the Bureau of Labor Statistics (BLS), that falsely reports unemployment by ignoring the hundred's of thousands of people who have given up on finding a job. The true unemployment number would be 14-15% if the non-participants were counted and reported. It would be even greater if those who work only part time were counted. Now comes another change in CPI to further deceive the American people. Sad, but disgusting. Oh yes, then there is the claim by the president and his sycophants that debt doesn't matter. Deceptive or stupid? THE CPI AND THE DOLLAR -- BY STEVE KAUFFMAN “It Ain’t Worth a Continental” I have in my possessi...