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echo: god.and.gov
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from: Bill Lucy
date: 2000-03-12 21:37:02
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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