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To: All

Let’s not forget the government understates inflation by at least 2%...that means there has been no growth at all, other than asset bubble inflation in the stock market and real estate market.


7 posted on 07/30/2015 9:29:08 AM PDT by DHerion
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To: DHerion

A lot more than 2% if one uses the measures as used thirty years ago. Over the years the criteria have bebn jiggered and lowered in order to make the numbers better. That has happened several times so the rate has been artificially reduced several times. I have seen several educated estimates that put the real average annual rate of price-level rise at 6-10% over the last eight years or so.


8 posted on 07/30/2015 9:47:54 AM PDT by arthurus (it's true!)
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