The New York Times reveals a startling truth: while official inflation rates have fallen this year, the prices of most goods and services have not actually decreased, only the rate of increase has. This deception results from the U.S. government altering inflation calculation methods multiple times since the 1970s, aiming to present a lower official inflation rate, which directly impacts cost of living adjustments.
the NYT makes a shocking discovery: "inflation has fallen sharply this year, but most prices have not fallen. Only their rate of increase has." pic.twitter.com/kgFpRFnMxZ
— zerohedge (@zerohedge) November 6, 2023
Most people are not aware that the US govt has changed the way it calculates inflation multiple times since the 1970s.
Why? So that the official inflation rate would be lower than reality. This affects annual cost of living adjustments (COLAs). If the CPI is lower than reality,… https://t.co/pONmdzJs68
— Wall Street Mav (@WallStreetMav) November 7, 2023