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Americans live on a statistical reservation




Since food is the one essentially component in any household budget - by rigging the food price number in the index, by understating food's true costs, or simply omitting food costs from the index - government statisticians can claim that the overall trend in inflation is 1.5 percent, even though food prices are rising by close to 10 percent, and the overall inflation experienced by the average consumer is near 8 percent

Read Full Story: http://rt.com/op-edge/157372-americans-live-statis...

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