[quote=Rich Toscano][quote=XBoxBoy][quote=Leorocky]Shadowstats is not a reputable source.[/quote]
I often wonder how much faith to put in Shadowstats. [/quote]
Roughy 0 faith, would be my suggestion.
I discussed it a bit in this thread, noting among other things that he pretty much just adds a fixed number to BLS CPI each month:
That is fairly useless, but worse yet the plug number he adds appears to be way off. Here’s more from Doug Short showing some real-world numbers to demonstrate that the shadowstats numbers can’t possibly be right:
I disagree the premise sites like shadow stats are useless. You see government official numbers that are not aligned with our perception; they must be incompetent or lying. Only numbers that fit with out political bellieve and our perception are the “truth”. See link below for more details:
