One only needs to peer into the sausage factory that is the Bureau of Labor Statistics[1] to see that a measure of inflation is a form of opinion whose credibil

One only needs to peer into the sausage factory that is the Bureau of Labor Statistics[1] to see that a measure of inflation is a form of opinion whose credibility is entirely wrapped up with that of the speaker. [1] https://www.bls.gov/cpi/additional-resources/historical-changes.htm https://www.bls.gov/cpi/additional-resources/historical-chan...