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Originally Posted by dude1394
I don't really understand your point. The way they measure inflation is the way they measure inflation. It's pretty openly discussed and calculated. Where is the "lying" comeing from? You can go to the bls site and get all kinds of numbers.
We were talking about recession and whether the gdp was going up or not, I'm not quite sure how inflation effects that number?
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The econmic term recession can be used when real GDP growth is negative for two quarters. "Real" means: adjusted for inflation.
Otherwise government could just print trillions of dollars and say that there is GDP growth, since the numbers go up...