the inflation LIE the government doesn't want you to know about
Gas prices are up 38%, used cars up 42%, milk is up 18%, but inflation is only 8.5%?! Is the government lying to us about the real inflation numbers?
This week on 51/49, James examines the Consumer Price Index, the metric most often cited by the government and media when reporting on inflation, and how the government might be manipulating the CPI in an attempt to obfuscate the truth about inflation for the sake of political expediency, and explains the real reason behind inflation.
0:00 Inflation is High, But Could It Be Worse in Reality? 2:00 Is The Government Manipulating the CPI? 7:07 A Scary Graph That Reveals Truth About Inflation
John Williams' Alternate Inflation Charts: http://www.shadowstats.com/alternate_data/inflation-charts
51/49 with James Li - Commentary on business, politics, and the other things (from an independent perspective)
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