http://www.squarefeetblog.com/commercial-real-estate-blog/2008/05/22/bill-gross-says-us-understates-inflation/ Commercial Real Estate Blog Mon, 16 Aug 2010 10:18:50 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.squarefeetblog.com/commercial-real-estate-blog/2008/05/22/bill-gross-says-us-understates-inflation/comment-page-1/#comment-3295 NoName person Wed, 11 Nov 2009 19:36:04 +0000 http://www.squarefeetblog.com/?p=199#comment-3295 It doesn't take a rocket scient to say this. In my everyday shopping, I find everything substantially more expensive than last year or 2 years or 3 years before. How can the govt come out with these low inflation #s? It doesn't make sense. No independent authority is question on the validaity of these #s. Looks to me these low #s help wall street firms and banks in making billions of dollars in profits and bonus for their employees. And in the process, it hurts average american citizens in a very deep way. Medical care is expensive, filling up gas tank is very expensive,buying groceries bites lot more of my wallet now a days.. It doesn’t take a rocket scient to say this. In my everyday shopping, I find everything substantially more expensive than last year or 2 years or 3 years before. How can the govt come out with these low inflation #s? It doesn’t make sense. No independent authority is question on the validaity of these #s. Looks to me these low #s help wall street firms and banks in making billions of dollars in profits and bonus for their employees. And in the process, it hurts average american citizens in a very deep way. Medical care is expensive, filling up gas tank is very expensive,buying groceries bites lot more of my wallet now a days..

]]> http://www.squarefeetblog.com/commercial-real-estate-blog/2008/05/22/bill-gross-says-us-understates-inflation/comment-page-1/#comment-383 » Bill Gross Says U.S. Understates Inflation Fri, 23 May 2008 06:11:12 +0000 http://www.squarefeetblog.com/?p=199#comment-383 [...] [Technorati] Tag results for finance wrote an interesting post today onHere’s a quick excerptThe manager of the world’s largest bond fond, the Pimco Total Return Fund, says that the methodology the United States uses for calculating its inflation rates results in an understatement by roughly 100 basis points. This results in real GDP growth and real bond yields to be off by a similar amount. If the calculation was […] [...] [...] [Technorati] Tag results for finance wrote an interesting post today onHere’s a quick excerptThe manager of the world’s largest bond fond, the Pimco Total Return Fund, says that the methodology the United States uses for calculating its inflation rates results in an understatement by roughly 100 basis points. This results in real GDP growth and real bond yields to be off by a similar amount. If the calculation was […] [...]

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