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A comment on The Era of Very Low Inflation and Interest Rates May Be Near an End. Parent comment

Re:The Era of Very Low Inflation and Interest Rates May Be N... by quadyeast on Thursday April 26, 2018 @04:05PM (#16935174)
I agree completely. Everything I buy has gotten much, much more expensive, food, housing, transportation etc. Not 2%/yr more like >5%/yr. The CPI is rigged. Probably in favor of those who must payout relative to it.
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by protonfish on Thursday April 26, 2018 @05:24PM (#16935954)
It's easy to rig - remove key commodities like food, fuel, housing from the calculations because the are "volatile" then base your numbers on products that are increasingly built overseas in nations with a impractically favorable exchange rate. That is, in fact, what has been done, but there is a limit to how long this ruse can last.
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by SilasX on Thursday April 26, 2018 @09:12PM (#16937622)
"Your food costs more, but if you bought a new iPad, it would be faster, so it balances out."

http://www.reuters.com/article/us-usa-fed-dudley-ipad-idUSTR...

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Re:The Era of Very Low Inflation and Interest Rates May Be N... by rndmize on Thursday April 26, 2018 @05:14PM (#16935860)
Going from "I see higher inflation" to "a nationwide measure is rigged" is a big leap.
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by Vindicis on Friday April 27, 2018 @06:26AM (#16939674)
Rigged? All they have to do is change the methodology of how it's calculated.

http://www.shadowstats.com/alternate_data/inflation-charts

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Re:The Era of Very Low Inflation and Interest Rates May Be N... by simonh on Friday April 27, 2018 @04:17AM (#16939219)
Come on. If people stopped posting "I saw X once, so your national statistic is wrong" that would wipe out huge swathes of comments on.... OH!
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by trustno1 on Thursday April 26, 2018 @04:22PM (#16935319)
The Fed's monetary policy exactly fits the definition of "taxation without representation".
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