The Government Is Lying to You About Inflation
The Generations Radio Program · Generations
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Show Notes
The average U.S. household has lost about half of its income by inflation since 1975 if you account for the massive increase in median housing prices, median new car prices, education, and medical insurance. The official CPI and PCE measurements don't even come close to the real story. Here we demonstrate how the median household income is about half of what it was in 1975, adjusted for the real inflationary increases in prices. The government is lying to you.
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