In this week's episode of the Financial Freeman podcast, we reveal how the Government manipulates the Consumer Price Index (CPI) so that official inflation figures remain low. We discuss why it is wrong not to include property related expenses in the CPI and explain why inflation would be a lot higher if they did. The Government also substitute more expensive items in the basket with cheaper items and add items into the list when they have already come down in price. There is also inappropriate weighting to gradually more expensive items such as healthcare. Finally the Government mark down the cost of old technology instead of replacing it with new and improved technology. We then remind you why all this matters and what you can do about it, that's right...invest in assets!
