Josh Scandlen
News • Business • Education
Destroying the doom and gloom when it comes to retirement planning and lots of other stuff too.

Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
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Why am I writing a book to debunk the inflation narrative? Well because I 100% agree with the BLS. Yet, everyone in my industry ignores this obvious point and just yaps "Inflation, inflation, inflation!" It's embarrassing.

“The CPI divides the consumer market basket into eight major groups of goods and services. You can estimate the approximate difference in your expenditure pattern by estimating your relative expenditures for major groups of consumer goods and services. You could then compare them to the CPI groups' relative importance data, which are approximately the weights used in CPI estimation. For example, the approximate weights for the eight major groups in the CPI for All Urban Consumers (CPI-U) are listed below under the CPI-U average column. If your expenditure pattern is sharply different from the CPI average, the same price changes for the same expenditure categories would result in different price change measures for the total market basket. An example of a hypothetical expenditure pattern for a consumer with high expenditures for medical care appears in the tabulation that follows.”

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What else you may like…
Videos
Posts
Stocks For the Long Run? Maybe...Maybe Not

Ed McQuarrie talks the REAL History of Stocks and Bond performance.

https://www.edwardfmcquarrie.com/

01:08:52
Hey Conservative Christians!

This is what your unwavering support of Israel gets ya.

00:00:50
Indeed

You sure we’re supporting the right people?

00:00:36
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