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By Kiely (registered) | Posted May 08, 2012 at 12:17:53 in reply to Comment 76491
Overall inflation numbers??? Oh boy, you do like to be pissed on and told it is raining.
Take all the unnecessary "consumer goods" out of inflation and you'll see the real story. Inflation on must haves: food, fuel, heat, etc… is much higher than "overall inflation" indicates. Just the trend of dumping new consumer goods into the market at artificially inflated prices and dropping the price over time to dramatically lower but still profitable pricing has been messing with the numbers for decades, not to mention what government "tweaking" of inflation numbers has done over the same time period.
Overall inflation is similar to unemployment numbers, they are both fabricated statistics, tailor made to conceal the truth of increasingly harsh economic realities.
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