CRASH_GURU
22.09.2004, 21:13 |
Inflation, as reported by the CPI is understated by roughly 2.7% per year Thread gesperrt |
-->Let Them Eat Hamburger
In the early 1990s, press reports began surfacing as to how the CPI really was significantly overstating inflation. If only the CPI inflation rate could be reduced, it was argued, then entitlements, such as social security, would not increase as much each year, and that would help to bring the budget deficit under control. Behind this movement were financial luminaries Michael Boskin, then chief economist to the first Bush administration, and Alan Greenspan, Chairman of the Board of Governors of the Federal Reserve System.
Although the ensuing political furor killed consideration of Congressionally mandated changes in the CPI, the BLS quietly stepped forward and began changing the system, anyway, early in the Clinton administration.
"Changes made in CPI methodology during the Clinton administration have understated inflation significantly, and, through a cumulative effect, have reduced current social security payments by 30% from where they would have been otherwise. That means Social Security checks would be 43% higher. In like manner, anyone involved in commerce, who relies on receiving payments adjusted for the CPI, has been similarly damaged. On the other side, if your are making payments based on the CPI (i.e., the federal government), you are making out like a bandit."
<ul> ~ http://www.gillespieresearch.com/cgi-bin/s/article/id=300</ul>
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kingsolomon
22.09.2004, 22:09
@ CRASH_GURU
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@Elli: die Serie von Williams verdient einen Platz in der Sammlung |
-->m.E. ist seine Artikelreihe über"Government Economic Reports" von ausgezeichneter Sachkenntnis und herausragender Qualität.
Bestens geeignet zur Dokumentation systematischer Manipulationen von
Wirtschaftsdaten in den USA.
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XERXES
22.09.2004, 22:36
@ CRASH_GURU
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Noch Fragen, weshalb das Treasury nur noch TIP's emmitiert?! |
-->Der grösste Betrug, des grössten Schuldners [img][/img]
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- Elli -
24.09.2004, 19:04
@ kingsolomon
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Re: @Elli: die Serie von Williams / @kingsolomon |
-->>m.E. ist seine Artikelreihe über"Government Economic Reports" von ausgezeichneter Sachkenntnis und herausragender Qualität.
>Bestens geeignet zur Dokumentation systematischer Manipulationen von
>Wirtschaftsdaten in den USA.
Der Link ist in der Linksammlung (PDF habe ich, falls der Link mal nicht mehr funktioniert).
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