Use access key #2 to skip to page content.

Measuring Inflation - Shadow Government Statistics

Recs

14

April 25, 2008 – Comments (6)

Big picture had a post on the global food crisis, but what got my attention was a San Diego Tribune post that put a picture of a graph using "Shadow Government Statistic."

It seems to me that not too long ago we lived in a world where something like "Shadow Government Statistics" would have been considered a fringe group not given much credit rather than a credible reference.  

6 Comments – Post Your Own

#1) On April 25, 2008 at 10:32 AM, thebigjigga (21.42) wrote:

Pretty sad that we have to rely on these Shadow Government Statistics to get some real honest figures.

 

Report this comment
#2) On April 25, 2008 at 11:06 AM, abitare (45.58) wrote:

... iam pridem, ex quo suffragia nulliuendimus, effudit curas; nam qui dabat olimimperium, fasces, legiones, omnia, nunc secontinet atque duas tantum res anxius optat,panem et circenses. ...(Juvenal, Satire 10.77-81)

 

Now that no one buys our votes, the public has long since cast off its cares; the people that once bestowed commands, consulships, legions, and all else, now meddles no more and longs eagerly for just two things--bread and circuses.

Satire X, Juvenal of the late 1st and early 2nd century

Report this comment
#3) On April 25, 2008 at 5:14 PM, jahbu (85.23) wrote:

The developing world better get ready for Monsanto's super seeds!   Man this is a dream come true for the food cartel.  

Plant our GE super duper seeds and your yields will double and all you poor farmers will become rich and the worlds food problems will go away!

No wonder George and the neocons are trying to pass all those free trade aggreements so fast!

What? They didn't grow? hmmm oh yeah... you have to buy our super duper weed/feed fertilizer to make it grow.  Sorry maybe next year. 

wonder when people will wake up,

Jahbu

Report this comment
#4) On April 25, 2008 at 7:40 PM, dwot (45.58) wrote:

When I was a child my neighbour was a labourer with 5 kids and a wife that stayed home.  Today dual income small families struggle to pay the bills...

I just calculated the price increase on a few items based on what I remember the price to be then and what it is now and my results ranged from 5.1% and  9.5% per year.

 

Report this comment
#5) On April 26, 2008 at 9:39 AM, dwot (45.58) wrote:

Yet, on something like a TV, it is basically zero or perhaps even negative.

I remember in the early 80s a 26 inch Sony TV being about $800. 

Report this comment
#6) On April 26, 2008 at 9:48 AM, dwot (45.58) wrote:

I've still got the same TV I bought in 90 so from my perspective something like a TV should only make up about 0.1% of the consumer price index.

Report this comment

Featured Broker Partners


Advertisement