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To: Tenacious 1

Re: “Can anyone point or link a resource that explains the changes in how inflation has been calculated since the 1980’s”

The CPI has changed from measuring the cost of maintaining a set standard of living to the cost of maintaining a declining standard of living. Some of the tools used are: core inflation the number which excludes food and energy and is used to evaluate the Fed’s performance, owner’s rent equivalence, substitution, hedonics, chained dollars, weighting, intervention analysis,

Over time the definition of the CPI has even changed.

These articles are a good start:
http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement

http://www.shadowstats.com/article/consumer_price_index

http://www.shadowstats.com/article/350

http://madconomist.com/data-fudging-101-the-history-of-us-government-statistics-manipulation

http://harpers.org/archive/2008/05/0082023


18 posted on 10/08/2012 11:24:23 AM PDT by khelus
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To: khelus; Cboldt

Thank you for the links. I am learning a lot and have some research to do.

I might end up writing up my own report. My effort would be to simplify it for the sheeple, including friends and family.


24 posted on 10/08/2012 1:23:48 PM PDT by Tenacious 1 (The Click-&-Paste Media exists & works in Utopia, riding unicorns & sniffing pixy dust.)
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