Hotter Inflation Chills Stock Market- Ep 874
The Peter Schiff Show Podcast
00:00
The PCE Is the Most Inaccurate of All the Measures That the Government Uses to Report on Inflation
The personal income and spending numbers themselves are not adjusted for inflation. The PCE is the most inaccurate of all the measures that the government uses to report on inflation, he says. "It's an easier bar to clear because that index captures even less of the price increases than would be captured by the CPI"
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