Government Inflation Data Does Not Match Reality
Economics / Inflation
May 15, 2008 - 05:57 PM

By: Gary_Dorsch

In an age where governments of every political stripe distort economic data to promote their own self-interests, it's hardly surprising that they present inflation statistics that are wildly at odds with the reality faced by consumers and businesses, and regarded with utter disbelief. In the latest US government report on inflation for instance, there was a glaring “seasonal adjustment,â€