JPDD

Will the Deflationist vs. Inflationist Debate End Soon?

"I guess it comes down to whether you think there is more inflaiton or less inflation than the government reports. I believe the government consistently under-reports inflation."

My view is different yet similar to yours: The government has been understating it, but that it started when COLA was invented. That provided a huge financial incentive to play games.

BTW, Thanks for the article Scott.

Will the Deflationist vs. Inflationist Debate End Soon?

[Because he is counting inflation by the Pre-Clinton era measurements before the government started manipulating CPI with "hedonics," which pretty much allows them to say inflation rate is anything they want.]

I realize that. Perhaps I should have asked it like this: Why do you think that the pre-Clinton stats were any less manipulated or politicized? Do you think that the Reagan and Bush 41 administrations were above manipulating those statistics?

As near as I can tell, shadowstats is perpetuating a different set of manipulations.

Will the Deflationist vs. Inflationist Debate End Soon?

Why do you consider shadowstats any more calibrated than the gov't stats?