New Study: Inflation is Being Undercounted by Half - Peter St Onge, Ph.D.

(Oct 17, 2024) Peter St Onge’s post on X:

Study: Inflation Undercounted by Half

My lastest study with EJ Antoni finds Biden-Harris inflation has been undercounted by *half.*

Meaning inflation has been close to 40%.

This suggests we’ve been in recession since at least 2022.

Study: “Recession Since 2022: US Economic Income and Output Have Fallen Overall for Four Years“: https://brownstone.org/articles/recession-since-2022-us-economic-income-and-output-have-fallen-overall-for-four-years/

Peter St Onge, Ph.D.: https://peterstonge.com/

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Source: https://x.com/profstonge/status/1846891411737596010