> Responding to prior criticisms made by economist James Hamilton, John Williams explained in a private phone call that Shadowstats does not actually recalculate BLS data, rather, the Shadowstats CPI merely adds a constant to the officially reported numbers.[28]
Just no:
> Responding to prior criticisms made by economist James Hamilton, John Williams explained in a private phone call that Shadowstats does not actually recalculate BLS data, rather, the Shadowstats CPI merely adds a constant to the officially reported numbers.[28]
* https://en.wikipedia.org/wiki/Shadowstats.com#Negative
* https://old.reddit.com/r/badeconomics/comments/3zik5t/shadow...* https://www.fullstackeconomics.com/p/no-the-real-inflation-r...
> Truflation
* https://old.reddit.com/r/AskEconomics/comments/1beg6db/how_r...
> Billion Prices
They actually published code so other folks could recreate:
* https://en.wikipedia.org/wiki/MIT_Billion_Prices_project