Economic Collapse

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What would happen if the real rate of inflation was revealed? The entire status quo would immediately implode. Consider the immediate consequences to Social Security, interest rates and the cost of refinancing government debt..

https://www.businessinsider.com/if-people-knew-the-actual-inflation-rate-it-would-crash-the-economy-2016-8


So is there a more accurate gauge of inflation than the CPI? I’m a fan of the site Shadow Government Statistics, or ShadowStats, which provides, among other things, alternate inflation data that uses the 1980 CPI methodology. For what it’s worth, if we use this definition of inflation, consumer prices actually rose 8.6 percent in July, not 1 percent, a not insignificant difference of 760 basis points
As you may be aware, the official CPI is controversial among some investors, academics and economists for a number of reasons. Many people believe that it doesn’t reflect the real changes in prices they’re seeing every day

https://www.forbes.com/sites/greatspeculations/2020/08/31/is-headline-cpi-inflation-fake-news/amp/