7 ms·
Yes: http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts This site calculates CPI using the o
by Qasaur 6y ago
Yes: http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts
This site calculates CPI using the old way of calculating it, and according to that method the inflation rate is closer to 10%.
- em500 6y agoThat's what the site author claimed he does. Others claim that what he actually does is just adding a few percentage points to the official stats[1]. Among academic economists, the site author is largely regarded as some kooky conspiracy theorist[2]. Personally I just see him more as small time business man making a nice living from satisfying some market demand for figures that proof government is lying to you. For those who want to find out for themselves, here's the raw BLS data[3] and methodology[4]. [1] https://azizonomics.com/2013/06/01/the-trouble-with-shadowstats/ https://azizonomics.com/2013/06/01/the-trouble-with-shadowst... [2] https://www.thestreet.com/economonitor/emerging-markets/deconstructing-shadowstats-why-is-it-so-loved-by-its-followers-but-scorned-by-economists https://www.thestreet.com/economonitor/emerging-markets/deco... [3] https://www.bls.gov/developers/home.htm https://www.bls.gov/developers/home.htm [4] https://www.bls.gov/opub/hom/pdf/cpihom.pdf https://www.bls.gov/opub/hom/pdf/cpihom.pdf