I’m sorry about the quality of this week’s podcast as we were experiencing some interference with the phone lines. But I think the content will more than make up for this, since I’m speaking with an international figure from the global financial industry with whom I have been acquainted for a long time. Passport, as we shall call him, is a highly intelligent and astoundingly successful individual, and I was delighted that he was willing to be interviewed for the fourth Voxonomics podcast.
Recommended Reading:
The Consumer Price Index
This article is not written by Passport, but is a pretty good summary of what he was talking about. Shadowstats recalculates the economic statistics according to previous government methodologies to provide apples-to-apples historical data. This 2005 newsletter, (scroll down to the CPI section), shows the process in progress.