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So there is no inflation. Only deflation, except for those commodity prices that fluctuate wildly, but are always trending up. Look, everything in the government formula to calculate inflation over the last three decades that was growing in price has been removed from the formula. Reason given that that item fluctuated wildly and throw the numbers off. Can't let the great unwashed know that there is any official inflation out there. I would just once like to see the 2010 inflation calculated with 1970's math and input values.
(Side thought: I think the original reason for changing the Inflation calculations was done after all the indexing pay/benefits to cost of living (inflation) for entitlement programs and labor contracts, that happen in the 70's and 80's. Just look what happen to SS in the last month with no change in the payouts.)
I like the video. It's nice and succinct in pointing out how dumb and corrupt this whole idea is. The cute little critters get a little old after awhile, but info is still good.
Look, from what I can tell, you've been running around the web, it seams, posting the above criticism on any video that talks about "Quantitative Easing." Makes me wonder if you have any dogs in this fight.
Oh, and "Core Inflation" doesn't mean squat to me with a stagnant wage while housing, food, energy keep going up n' up. My "CORE INFLATION" is Real World and no matter what you say about how low "Core Inflation" is.
Each month I've got less and less while the banks have more and more.
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