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 Cooking the books on inflation?		  New Topic  Reply to Topic
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Gorgo
SFN Die Hard

USA
5310 Posts
Posted - 04/09/2009 :  04:10:50  Show Profile Send Gorgo a Private Message  Reply with Quote
2 good articles:

How Cooking the Books on Inflation Helped Destroy the Global Economy
 and In a Perfect Storm of Economic Stagflation, the Yachting Set Says: "Let Them Eat Pizza"

Beginning in the early 1990s, conservative economists were unhappy that high inflation kept increasing entitlement payments to government employees, vets and the elderly -- whiners and greedy gray-hairs -- and, through some impressive intellectual contortionism, began making adjustments to the way the "official" rate of inflation is measured. They began "weighting" items in the basket differently.
I know the rent is in arrears
The dog has not been fed in years
It's even worse than it appears
But it's alright-
Jerry Garcia
Robert Hunter
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