The 'Real' Inflation Rate

I have been repeatedly asked for evidence regarding my comments on this Blog that the United States Commerce Department's CPI numbers are not accurate and indeed have not been accurate for years and years.

I do include some substantive evidence in the inaugural issue of the Market Review but that is for subscribers and will not be divulged here.  However there are many very good investigators who have sufficiently proven the point and here follows perhaps the very best of those – to my knowledge,  who do clearly allege that the 'Real' Inflation rate is currently above 10%.

I dare say anyone that really delves deeply into all the information that is freely available on the Shadowstats website will readily admit that the United States Commerce Department has been engaged – at the very least – in a programmed and scripted deception of the American people.

I do believe that, at the very least, is their game, and that is one of the reasons that I am attempting to create a logical and correct assessment of the destructive path of inflation in this country for all my entire lifetime, i.e. I was born in 1948:

The US CPI Data is not what the average American experiences every day.

For instance, my auto insurance just went up 27%; Kraft just announced a 30% increase in Peanut Butter; the tooth paste for my dogs more than DOUBLED in price because the container size was reduced to 2.5 ounces from 6.2 ounces, while the price per container went up by 15%.

I do believe that if we all added up the increases that all of us face everyday, then we would see the immense fraud that has been perpetrated on all of us.  Inflation is going to get really crazy AFTER the “Great Deception of 2012!”  Are you and your company ready?

The twenty-year chart on the web link following the quote (we tried to upload the chart to this Blog with no success) of Shadowstats shows a breakaway of their numbers from those supplied by the US Commerce Department in the early 80’s.  As readers of our Market Review do know we believe the numbers have been skewed since – at least – the early 70’s.   

Following is from www.Shadowstats.com:

Alternate Inflation Charts

"The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living."

http://www.shadowstats.com/alternate_data/inflation-charts