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: Texas Lawyer Blog

Further Report on Biased Inflation Numbers

By J. Michael McBride

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We have noted this issue before – the government has jimmied with the inflation reporting numbers and it has given a false sense of security when actually there was a great amount of inflation. Here is an article which describes that phenomenon in detail.

"Distortions in the way inflation is calculated contributed to today's financial mess and the 2000-02 tech crash. Unless the problem is fixed, you can count on another crisis ahead."

Here is a link to that article:
http://articles.moneycentral.msn.com/Investing/JubaksJournal/fake-inflation-numbers-masked-crisis.aspx

Michael

Posted by the Law Offices of J. Michael McBride.

Full post as published by Texas Lawyer Blog on December 08, 2008 (boomark / email).

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