And it quotes John Williams! "The way inflation is calculated by the Bureau of Labor Statistics has been"improved” 24 times since 1978. If the old methods were still used, the CPI would actually be 10 percent."
The Great Inflation of the 2010s - Newsweek: www.newsweek.com/2011/05/01/sticker-shock.html
http://chum.ly/n/8994c3
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