Checking — did anyone else read something about the US changing the way that inflation is calculated??
I recall it occurring just before Warsh was confirmed……or maybe it’s my imagination….
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POSTING INFORMATION
YES I POSTED AN ARTICLE SAYING WARSH WAS GOING TO USE OTHER METHODOLOGIES THAT DONT MAKE “ASSUMPTIONS” …AKA MILLIONS OF REAL TIME TIME TRANSACTIONS COMPILED DAILY…FROM A SITE CALLED TRUFLATION
What I didn’t read (yet) was that Warsh would take policy in the direction of PRICE stability,
and not a stable RATE (2%) of inflation.
That is what the Fed’s charter and Congressional approval “mandated”. Zero inflation.
https://goldtadise.com/?p=700577#comments