The TRUE inflation rate is ~13%, if using the Bureau for Labor Statistics’ original calculation method.
The CPI-U (consumer price index) is the broadest measure of consumer price inflation for goods and services published by the Bureau of Labor Statistics (BLS). While the headline number usually is the seasonally-adjusted month-to-month change, the formal CPI is reported on a not-seasonally-adjusted basis, with annual inflation measured in terms of year-to-year percent change in the price index.In the charts we show two SGS-Alternate CPI estimates: One based on the pre-1990 official methodology for computing the CPI-U, and the other based on the methodology which was employed prior to 1980.
They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash…
Markedly higher inflation precipitates recessions and stock market crashes. The three major crashes of the last 40 years (Black Monday in 1987, Dot Com Bubble Bursting in 2000, and the Lehman Shock in 2008) all had periods of sharply rising inflation just prior to them. The fourth one which will be the biggest crash yet is starting right now. For the record I predicted all these crashes and for a fact made my clients/subscribers millions…..
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