Birdwatch Note Rating
2024-02-21 17:06:55 UTC - HELPFUL
Rated by Participant: 012B28311FA1FD88056B988ADA5C8C0F0543943B88C3E5BADC6E5877A7F56D13
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Original Note:
A number of economists and finance experts have claimed that the Shadowstats CPI is conceptually wrong and that their usage leads to easily disproven and absurd conclusions. https://www.bls.gov/opub/mlr/2008/08/art1full.pdf https://www.reddit.com/r/Economics/comments/omfrm/3_reasons_people_need_to_stop_citing_shadowstats/ https://traderscrucibledotcom1.wordpress.com/2011/02/01/why-shadow-government-statistics-is-very-very-very-wrong/ https://www.forbes.com/sites/modeledbehavior/2013/10/14/niall-ferguson-inflation/ https://voxrationalis.wordpress.com/2011/05/15/the-absurdity-of-shadowstats-inflation-estimates/ https://econbrowser.com/archives/2008/09/shadowstats_deb
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