The inflation rates reported by governments are generally, at the very least, a little lower than they actually are.
And the US government is not an exception. It makes the CPI (Consumer Price Index) artificially lower (by making changes in the methodology) and benefits from it in several ways (increasing its revenues while the voters don’t realize they are being lied to and losing their purchasing power). How the Government Lies about Inflation
The official CPI in the US was 7.5 percent in January 2022 (to know more about this huge increase, click here ). However, if measured by 1980s methodology (as is done by Shadow Government Statistics ), the CPI was above 15 percent in January 2022 . This huge difference can be explained by the several changes made in the methodology of calculating the CPI since the 1990’s: Home Prices and Rents
Current CPI methodology does not actually include home prices. And about 1/4 of its calculation is represented by “owner’s equivalent rent”. This indicator is based on the following question that the Consumer Expenditure Survey asks of consumers who own their primary residence : “If someone were to rent your home today, how much do you think it would rent for monthly, unfurnished and without utilities?” So, it is just a guess. As of December 2021, house prices have increased by 20 percent YTD. Over the same period, rents have increased by 17 percent. ‘Owner’s equivalent rent’ increased by 3.5 percent. If we use the 20 percent increase of house prices instead of the 3.5 percent ‘owner’s equivalent rent’, the 6.8 percent CPI recorded in November 2021 would be 11 percent .
The annual increase in rents (July 2021) as in realtor.com was 25 percent . This figure is closer to a proper representation of […]
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.