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The CPI is a propaganda tool. It is designed to keep the real inflation hidden to make it seem that inflation is not a real thing to worry about. Because it is
by dsparkman 6y ago
The CPI is a propaganda tool. It is designed to keep the real inflation hidden to make it seem that inflation is not a real thing to worry about. Because it is formulated in secret, they can manipulate it to give a fairly rosy picture. The published CPI never panics.
- ausbah 6y agothe process is literally posted on the Bureau for Labor Statistics site [1], it's like the second result on Google https://www.bls.gov/cpi/questions-and-answers.htm https://www.bls.gov/cpi/questions-and-answers.htm
- imtringued 6y agoThe CPI absolutely crashed in April 2020 https://tradingeconomics.com/united-states/inflation-cpi https://tradingeconomics.com/united-states/inflation-cpi
- junippor 6y agoDo you have any actual evidence of this?
- spacemanmatt 6y agoI wish I had a dollar for every irrational (extremely emotionally charged!) response to this same question when I have posed it.