Daily Archives: September 17, 2021

Ok, This is TRULY Horrifying!

 Yesterday, I outlined a terrible secret. That secret? That the Fed knows the official inflation measure, the Consumer Price Index (CPI) is practically useless for forecasting future inflation. In a little-known paper published in 2001, the Fed found that food inflation, NOT CPI or PCE, … Continue reading

Posted in Inflation | Comments Off on Ok, This is TRULY Horrifying!