Wednesday, February 16, 2011

Post from greshambouma at CHUM.LY

China follows the US example as it doctors sick stats. The US has changed how it counts unemployment and inflation over recent decades, commodity index composition has changed, and who knows what else. Core inflation excludes food and energy here in the US, those inferior goods that don't affect Wall Street or DC a whole lot, but are life and death to the rest of us.

China's January Inflation Data Today Cuts Food Weighting, Newspaper Says - Bloomberg:  www.bloomberg.com/news/2011-02-15/china-inflation-....html
http://chum.ly/n/6baaa4

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