Ed Butowsky: Calculating The True Cost of Living

Chris Martenson & Adam Taggart, Peak Prosperity, Released on 3/20/16

Over the past decade, we’ve been told that inflation has been tame — actually below the target the Federal Reserve would like to see. But if that’s true, then why does the average household find it harder and harder to get by?

The ugly reality is that the true annual cost of living is far outpacing the government’s reported inflation rate. By nearly 10x in many parts of the country.

This week, Chris and Adam welcome Ed Butowsky, developer of the Chapwood Index, to the program. His index is a ‘real world’ measure of how prices are increasing much faster than the wages of the 99% can afford:

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get a check from government

cpi ,hidden inflation in a nutshell is driven by massive bloated,matastasizing federal and state government.soaring costs of proppin up the massive bankrupt welfare state forcing big gov to tax, print, borrow out the asss just to make it to the next fiscal year (quarter)and hidden under all the Enron account gimmicks are skyrocketys deficits