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teomaxxx · 05-14-2008, 09:16 AM

Todays CPI just told you that gasoline prices DROPPED 2.0% in APRIL

I already knew that CPI is a lie, but its great to see it the mainstream press:

"Americans are feeling a lot more economic pain than the government's official statistics would lead you to believe, according to a growing number of experts."

http://biz.yahoo.com/cnnm/080514/051308_misery.html

eg.
Bill Gross, the manager of Pimco Total Return, the nation's largest bond fund, refers to the CPI as a "con job" that deliberately understates the price pressures faced by Americans in order to keep Social Security payments and other government costs pegged to the index unduly low.

05-14-2008, 09:16 AM
teomaxxx Confirmed User Join Date: May 2003 Posts: 2,734	US goverment says gas prices lower in APRIL :-) Todays CPI just told you that gasoline prices DROPPED 2.0% in APRIL I already knew that CPI is a lie, but its great to see it the mainstream press: "Americans are feeling a lot more economic pain than the government's official statistics would lead you to believe, according to a growing number of experts." http://biz.yahoo.com/cnnm/080514/051308_misery.html eg. Bill Gross, the manager of Pimco Total Return, the nation's largest bond fund, refers to the CPI as a "con job" that deliberately understates the price pressures faced by Americans in order to keep Social Security payments and other government costs pegged to the index unduly low.