Uncle Miltie,
Toddsterpatriot has a thing about the information on John Williams and will play Alinksy like word and logic games to make Williams work look worthless.
The accuracy of Williams outcome CPI depends upon the accuracy of Williams’ adjustment.
Toddsterpatriot has never addressed nor denied the corruption of the CPI by using soft metrics such as hedonics or the substitution effect, both of which are wide open to manipulation by the latest power that be.
No one can know the accuracy of Williams adjustment until Williams does the actual work and releases the data.
I’m a pretty smart guy, good econ degree from a good school, with lots of business and personal financial success.
Nonetheless, my college roommate is two or three times smarter, and pays even closer attention than I do. He went on to NorthWestern for his MBA. I believe he retired at 35 with >$20M, and plays the market quite successfully for his own account now. I’ll have him go take a look at Shadow Stats, and report back.