Inside View
The Canard About Falling Incomes
Don’t believe the government’s consumer-price index, which is obsolete.
Andy Kessler is the author of Inside View, a column he writes for The Wall Street Journal on technology and markets and where they intersect with culture. He is the author of several books including Wall Street Meat and Eat People. He used to design chips at Bell Labs before working on Wall Street for PaineWebber and Morgan Stanley and then as a founder of the hedge fund Velocity Capital.
Don’t believe the government’s consumer-price index, which is obsolete.
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