- Joined
- Dec 8, 2006
- Messages
- 93,824
- Reaction score
- 68,902
- Location
- Colorado
- Gender
- Male
- Political Leaning
- Libertarian - Left
There are many ways to do this and the gov't intends to use them all. The gov't has a vested interest (pun intended) to keep the official inflation number low: it is a huge borrower and has all sorts of programs (e.g. Social Security and gov't pensions) that have built in COLAs. Try a search on the topic (Gov't lies about inflation) and you will see many interesting links.
Steak, Hamburger and Dog Food: How the Government Lies About the Real Inflation Rate
Why Lie About Inflation? Because It Covers Up Bigger Lies | Gains Pains & Capital
Was anyone really thinking government wasn't cooking the numbers to try to placate the masses while stealing from us and giving to their corporate masters?