iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Independent Gauges Confirm Inflation is a Non Event For Now

“Whenever the BLS posts their monthly CPI there’s always the same response from critics that the index is flawed.  That’s fine.  I think a healthy dose of skepticism regarding government data is perfectly good.  So let’s take a look at some independent gauges to see where prices are.

According to MIT’s Billion Prices Project inflation is running about 1.7% almost perfectly in-line with the BLS…”

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