The Government is Stealing Your Money: Fake Car Prices Edition

The BLS will start smoothing the price of new vehicles too, as they do with homes. They will hide the inflation by ignoring vehicle sales and instead using a model. Everything the government says is lies.

Burry often deletes his tweets and Twitter bans accounts arbitrarily all the time, so I've preserved this one on the blockchain.

CPI says housing costs rose 5.0% last 12mos. Wrong. CPI would be 12.0% using real-world NAR housing data. BLS has smoothed out housing numbers forever because home prices have been a problem forever. So next month they will start smoothing out vehicle prices. #problemsolved pic.twitter.com/KDdwADZgZi

— Cassandra (@michaeljburry) April 12, 2022