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Those Alternative Inflation Measures….

Looks like Professor Krugman is also seeing the deflation in hyperinflation forecasts:

“A correspondent alerted me to an interesting alternative measure of inflation beyond the Billion Price Index. Those who claim that inflation is vastly understated often appeal to the authority of Shadowstats, a site that purports to provide true measures of many economic variables.

Shadowstats doesn’t come cheap: currently, an annual subscription costs $175.

Six years ago, an annual subscription cost … $175.”

If you missed my version of this see here.  It’s always good for a laugh.

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