Title: Inflation is too Low
Review: - LaRouche's 1983 Warning -In the EIR's Oct. 4, 1983 edition, an article by Richard Freeman reported that the Federal Reserve, in collusion with the BLS, had been concocting such fraudulent factors, and using them to overstate production levels, while the BLS understated inflation, since 1967.According to examples gleaned by EIR research at that time, one could conclude "that the real inflation rate since 1967, could have been one-third to one-half higher, or double, the `official' rate reported."In a half-hour TV campaign broadcast on ABC-TV Feb. 4, 1984, Presidential candidate LaRouche presented the Quality Adjustment Factor hoax, plus another called the "Production Adjustment Factor." LaRouche stated that he and EIR had determined that the rate of inflation in 1983 had been faked by as much as three times--and should have been reported as three times higher than the official figures.
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