L-ASA (ExpressJet CRJ side)
#631
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Joined APC: Aug 2014
Position: The Bird is the Word
Posts: 27
Of Two Minds - Is Your Cost of Living Rising? Why the Elites Aren't Worried About Inflation
#634
Gets Weekends Off
Joined APC: May 2014
Posts: 1,681
Go research 'value of innovation' and get back to me......
Inflation numbers used to be very simple. It was the difference between the cost of a sample of actual goods (called a market basket) from one month to the next-and the increase thereof.
'Value of innovation' is a completely made up number. The fact that they now exclude almost all commodities is also a scam. The VOI is the biggest factor. The govt can adjust it any way they want to hide inflation as much as they like. It's a 100% scam, and it started under Bill Clinton. No one has changed it since then-because they don't want to be made to look like the guy who made inflation go nuts..... But the way it's calculated now is 100% wrong-it does not measure real-world inflation at all.
So.... Moral of the story here is-go and do some actual reading about economics before you look like a moron.
#638
Gets Weekends Off
Joined APC: Dec 2012
Position: Arrgh Jay
Posts: 350
#640
Gets Weekends Off
Joined APC: Jul 2009
Position: 320 CA
Posts: 423
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