The government released the Consumer Price Index for January on Wednesday, February 15. The CPI is an index that measures a basket of consumption goods chosen by the government to supposedly represent how urban consumers, broadly speaking, are experiencing increases in what used to be called the "cost of living."
How Many Times Did the BLS Use the Word "Inflation" in Reporting CPI, and Why Should That Matter To You?
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.