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Reply #18: Also the 'basket of goods' gets manipulated, hamburger instead of steak. [View All]

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newportdadde Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 08:14 AM
Response to Reply #8
18. Also the 'basket of goods' gets manipulated, hamburger instead of steak.
Edited on Sat Sep-02-06 08:15 AM by newportdadde
The basket use to be constant, if a family bought steak one month what was the cost of buying it the next month etc. Now they say if steak is too high a family will get hamburger. This means even if hamburger is up as well its still not as high as the beginning steak cost so there is NO inflation because you swapped out for a lesser product.

Then you get into the whole, computers, more powerful less expensive so they LOWER the inflation reading and the whole bullshit deal with 'rents' for housing.
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