3 ms·
Shadowstats is a crank website, and "eye opening" in the same way as anti-vaxers and 5G radiation truther websites are "eye opening" to a significant number of
by em500 6y ago
Shadowstats is a crank website, and "eye opening" in the same way as anti-vaxers and 5G radiation truther websites are "eye opening" to a significant number of people without much expertise in the field.
Shadowstats are not "tracking the real inflation for a few decades", they're just adding about 3 to 4 %-points to the BLS inflation and peddling those numbers as a paid subscription. If you want to want to know the *shocking truth about the Real Inflation* accoding to shadowstats, save yourself the money and brain damage of reading conspiracy sites: just download the official inflation from BLS or FRED and add 3-4%-point every month.
The implication of these shadowstats "true inflation numbers" is that the US economy has been in constant depression since the 1980s or so. I'll leave the credibility of that up to the reader.