Saturday, June 15, 2013

Many of Today’s Graphs Do Not Reflect the Truth of Inflation

Graph Courtesy of Shadow Stats

Want to know why your food, fuel and products are going up while your salary is not keeping pace?  All while some consumer products, such as computers, phones and other techie items seem to be going down in price?  Despite the popular belief that inflation is low, it may be actually driving up the cost of living. Are government numbers not to be trusted?  Over the years, politicians and accountants began to omit certain data criteria from their charts (for example, the M3, or monetary supply), so their graphs tend to discount inflation.  Instead, these charts will show you today's truth in terms of how inflation was calculated using the old criteria.

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