JOEBAMA INFLATION

*** INFLATION DATA *** I'm not trying to alarm anyone, but you really need the facts. The way that the inflation rate using the CPI (Consumer Price Index) has been calculated has changed. Think of it as using a rubber ruler to measure something... when you stretch it, you get whatever measure you want. If we were measuring inflation using the same metrics we used in 1980, our inflation rate would be 14.9%. The WORST year of inflation under Carter was 1980 at 14.6%. All of which means that, our INCOMES and SAVINGS have DROPPED by 15% in REAL VALUE over the past year. Plan accordingly, my Friends