The Gug Letter

The Gug Letter

How does the Fed calculate Inflation?

CPI is Fraud

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Joe Guglielmucci
May 03, 2021
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In Today’s Post, we are going to look into the CPI numbers behind what the Fed says is actually used to measure inflation. Spoiler: it’s faulty.

The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. By choosing which items to include in this basket of goods and services, and which items to leave out of the…

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