by Jarret Wollstein

International Society for Individual Liberty

03/21/05

According to official government statistics, the Consumer Price Index (CPI) -- the mostly widely used measure of inflation -- is running a very low 2.2% a year. But if inflation is so low, why is the price of everything you buy going up to fast? How do you reconcile 2% inflation with 10% to 20% annual increases in housing prices ... 25% to 40% increases in heating bills during the past winter ... and double-digit increases in the price of nearly everything you consume, from gasoline, to food, to movie tickets? The simple answer is that the official inflation rate is virtually pure fiction, and has been for decades...

http://www.isil.org/towards-liberty/inflation-gov-lies.html


Informant: Thomas L. Knapp