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| subject: | Re: I predict: Recession this year |
From: Bill Lucy
In article ,
rgparker{at}west.net says...
> I think the real rate of inflation is obviously higher than the reported CPI.
The gas price increases are not being fully factored in according to one
article I read.
>
> I've read that Greenspan no longer uses the CPI and instead uses various
privately measured pricing indexes.
Even at a doubling of cost, gas represents a tiny portion of our spending.
Had it really followed inflation in the past 20 years, it would be
significant.
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