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If the world doesn’t want our dollars
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rank
Posted 4/6/2020 09:50 (#8169246 - in reply to #8169196)
Subject: RE: If the world doesn’t want our dollars


SEON
FalcoFog - 4/6/2020 09:44

rank - 4/6/2020 09:29
They are using futures prices to calculate inflation now instead of retail prices? Ahhh that explains it LOL. Has anyone priced a new 4wd pickup truck lately?


Ha no! The low futures prices are because of the low inflation not the cause of the low inflation.

New pickups are so expensive today because they are so much nicer and better now than they have ever been with their 9 speed transmissions or whatever and heated and cooled leather seats and xm bluetooth stereos and every other do-dad they have. This is called an hedonic adjustment. Also manufacturers and dealers will charge what they can get for them because pick ups are awesome vehicles.

The CPI is a lie. It's manipulated to give them the results they want. Always has been.
How about a new highway truck with all of its' govt mandated safety and emission equipment to drive the price up to $250,000? The truck is the same truck it was in 1998....same 8 bag air ride.....same N14 Cummins just a bunch of crap added. Same Eaton rears and Transmission. Same HVAC system.

But these things are not included in the CPI so there is no inflation
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