The subscription price of hyperinflation-predicting ShadowStats hasn't changed in 8 years
![The subscription price of hyperinflation-predicting ShadowStats hasn't changed in 8 years](https://cdn.mos.cms.futurecdn.net/LbaPRMeQm3mVCytnctazXj-415-80.jpg)
Awhile ago I poked fun at Tim Cavanaugh for speculating that inflation is much higher than official numbers suggest. There's a whole stat-juking cottage industry working to support this conclusion, most prominently the website ShadowStats. As my colleague John Aziz points out, their methodology with respect to inflation is to take the consumer price index and tack on a few points, so unsurprisingly they show inflation as being quite high.
As Matt O'Brien points out today, the most convincing argument against this is that it implies the economy has been in continuous recession since 1988. However, Cullen Roche noticed something that is perhaps even more telling — ShadowStats itself hasn't changed its subscription price in 8 years:
At $175 for a year long subscription, you still get the same ShadowStats. The cost of the subscription has remained the same even as inflation has moved higher. So, in real terms, there's actually been deflation in the cost of a ShadowStats subscription. Pretty ironic for a service that has been touting the coming hyperinflation for about a decade...[Pragmatic Capitalism]
A bargain at any price!
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
![https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516-320-80.jpg)
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Ryan Cooper is a national correspondent at TheWeek.com. His work has appeared in the Washington Monthly, The New Republic, and the Washington Post.
-
Ukraine's Olympians: going for gold in the line of fire
Under the Radar Hundreds of the country's athletes have died in battle, while those who remain deal with the psychological toll of war and prospect of Russian competitors
By Harriet Marsden, The Week UK Published
-
'Democrats now have a chance to present a vigorous, compelling case'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
What has Kamala Harris done as vice president?
In Depth It's not uncommon for the second-in-command to struggle to prove themselves in a role largely defined by behind-the-scenes work
By Theara Coleman, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published
-
Reddit IPO values social media site at $6.4 billion
Speed Read The company makes its public debut on the New York Stock Exchange
By Peter Weber, The Week US Published
-
Housing costs: the root of US economic malaise?
speed read Many voters are troubled by the housing affordability crisis
By Peter Weber, The Week US Published
-
Feds cap credit card late fees at $8
speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
By Peter Weber, The Week US Published