Interesting tidbits from Stephanie Pomboy. In July of 2008, inflation was at 5.6%. By July of 2009, it was at -2.1%. The price peak of the housing bubble was in September 2005. The shelter component of the CPI continued rising until its peak in February of 2007, nearly a year and a half lag. The total seasonal adjustment so far this year is +1 million, the largest ever. Of course seasonal adjustment needs to net to zero over the year. Of course the BLS is not political.
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Location : Port Orange, Florida, United States
I'm an independent investor. I make my living from the returns on my investments and have done so for more than 20 years now. My background is in IT, everything from sysadmin through datacenter manager through hardware and software product management. marketing and development to CTO. Plus a side trip in banking. I sail and fly. -
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