03/27/2016 - Financial Repression Pillar – Obfuscation In Inflation Measurement

Calculating The True Cost of Living

One of the great pillars of financial repression is obfuscation of data .. Over the past decade, we’ve been told that inflation has been tame — actually below the target the Federal Reserve would like to see. But if that’s true, then why does the average household find it harder & harder to get by? .. The ugly reality is that the true annual cost of living is far outpacing the governments reported inflation rate. By nearly 10x in many parts of the country .. This week, we welcome Ed Butowsky, developer of the Chapwood Index, to the program. His index is a ‘real world’ measure of how prices are increasing much faster than the wages of the 99% can afford .. 38 minutes

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