Originally Posted by pb4uski
The number that I used is the most widely quoted number... I just saw the same number quoted in a Wall Street journal article that I was reading about an hour ago that made me think of you.
But if you want to pick a number that fits your story by all means go ahead.
I'm guessing if we held a poll here, we'd find a goodly number of folks who think the CPI numbers are at best wrong - AKA "low" and more likely, self serving. I doubt we'd find anyone who would vote for them being "high."
SO, since I have a vested interest in MY number ($120K in I-bonds), I think it's reasonable to "pick" that number - especially since we have a whole thread on it and it was, therefore top-of-mind, unlike the CPI. Oh, and again, it's the one that actually costs the gummint money - not saves the gummint money like using the CPI-W for SS increases IIRC.
Maybe I shouldn't have used the term "official" as that implies there is only ONE official number. There are actually quite a few "official" numbers (including many CPI numbers AND the official number used to calculate I-bonds.) So clearly, that was not correct on my part - so on THAT basis, I stand corrected. Enjoy.
As always, YMMV.