Op-Ed Contributor - Easy Money, Hard Truths - NYTimes.com

Op-Ed Contributor - Easy Money, Hard Truths - NYTimes.com: "Government statistics are about the last place one should look to find inflation, as they are designed to not show much. Over the last 35 years the government has changed the way it calculates inflation several times. According to the Web site Shadow Government Statistics, using the pre-1980 method, the Consumer Price Index would be over 9 percent, compared with about 2 percent in the official statistics today."