2% INFLATION AND OTHER OFFICIAL LIES
According to official government statistics, the Consumer Price
Index (CPI) – the mostly widely used measure of inflation – is running a very low 2.2% a year.
But if inflation is so low, why is the price of everything you buy
going up so fast?
How do you reconcile 2% inflation with 10% to 20% annual increases in
housing prices . . . 25% to 40% increases in heating bills during the past winter . . .and
double-digit increases in the price of nearly everything you consume, from gasoline, to food, to movie