Relevant:
- Guest Post: Inflation Is So Much Worse Than We're Told
- The wrecking ball of hidden inflation and Fed based strategies
- FABER: DON’T TOUCH U.S. GOVERNMENT BONDS
- The story of inflation between 1996 and 2016 is of rising prices in things that define the middle class
- Inflation Misses Fed's 2% Target ... Again (But Food Up 30% Annualized This Year)
2008-05-13 — typepad.com
It turns out that Inflation may be even worse that I previously thought.
According to Mark Faber (via Bill Fleckenstein), food and health care are significantly under-weighted in the CPI. That's based on the actual consumption of food and health care by real (as opposed to theoretically modeled) people.
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