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Egads, please don't spread unfounded conspiracy theories on HN. Shadowstats is to economics as 911 truthers are to law enforcement[1]. Besides, independent at
by panarky 11y ago
Egads, please don't spread unfounded conspiracy theories on HN.
Shadowstats is to economics as 911 truthers are to law enforcement[1].
Besides, independent attempts to measure inflation correspond closely to official numbers in the US. Witness MIT's Billion Prices Project, for instance.
[1] http://www.bloombergview.com/articles/2014-07-21/the-inflation-truther-crank-index http://www.bloombergview.com/articles/2014-07-21/the-inflati...
[2] http://bpp.mit.edu/usa/ http://bpp.mit.edu/usa/
- fiatjaf 11y agoI don't know why you talk about independent attempts in plural. The one you cited is also the only example I've ever found. The key here is not that BLS is faking numbers, but using a strange methodology. MIT's project used roughly the same methodology.