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2023-05-13 03:00:21 UTC

MarkHarvey on Nostr: Consumer Price Inflation (CPI) calculated using the 1980 methodology by Shadowstats: ...

Consumer Price Inflation (CPI) calculated using the 1980 methodology by Shadowstats:

Using the 1980 methodology, CPI is still about 12.5% YoY compared to the 4.9% reported by the Bureau of Labor Statistics.

For background, the methodology used to calculate CPI has changed several times since 1980 in order to show a lower CPI number.