Total CPI & Core CPI
Core CPI; +0.2% vs prior +0.1%; Total CPI; +0.8% vs prior -0.1%.
Inside the number: Over the last 12 months: core CPI +2.1%; total CPI +4%, wages +3.9% (thus inflation is outstripping wage increases), housing +4.3%; transportation +7.3%; medical care +4%; food +2.6%; energy +24.8%.
Total CPI, Housing and medical care only went up 4% YOY!!! Tell that to anyone paying medical insurance premiums, or renting, or someone that just bought a home.
Better yet tell a realtor that housing only went up 4%, or any normal American who shops for the essentials on a regular basis that their bills only went up 4% last year, then stand back and see what kind of look you get or what you get called.
The hedonic measurements and bogus methodology used in the CPI are designed for two purposes:
The first is to assist the Fed in MANAGING inflation expectations, thus by design these statistics are intended to obfuscate and misinform.
The second is to defraud TIPS holders, union wage contract negotiations, social security and fixed income recipients.
A quick look sez it all: Energy went up 24% yet total CPI only 4%, laughable, absurd and patently impossible. When will the public wake up??
Complete Report
Inside the number: Over the last 12 months: core CPI +2.1%; total CPI +4%, wages +3.9% (thus inflation is outstripping wage increases), housing +4.3%; transportation +7.3%; medical care +4%; food +2.6%; energy +24.8%.
Total CPI, Housing and medical care only went up 4% YOY!!! Tell that to anyone paying medical insurance premiums, or renting, or someone that just bought a home.
Better yet tell a realtor that housing only went up 4%, or any normal American who shops for the essentials on a regular basis that their bills only went up 4% last year, then stand back and see what kind of look you get or what you get called.
The hedonic measurements and bogus methodology used in the CPI are designed for two purposes:
The first is to assist the Fed in MANAGING inflation expectations, thus by design these statistics are intended to obfuscate and misinform.
The second is to defraud TIPS holders, union wage contract negotiations, social security and fixed income recipients.
A quick look sez it all: Energy went up 24% yet total CPI only 4%, laughable, absurd and patently impossible. When will the public wake up??
Complete Report
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