You're confident that the problem isn't that inflation is being intentionally understated via the government having altered the CPI to mask inflation? (ie that the cost of living is showing the true rate of inflation)
So pick another index. How about the Billion Prices Project [1] from MIT. Oops, that pretty much tracks the CPI. Guess maybe the CPI isn't intentionally understated.
Comments
You're confident that the problem isn't that inflation is being intentionally understated via the government having altered the CPI to mask inflation? (ie that the cost of living is showing the true rate of inflation)
So pick another index. How about the Billion Prices Project [1] from MIT. Oops, that pretty much tracks the CPI. Guess maybe the CPI isn't intentionally understated.
[1] http://bpp.mit.edu