As Bad as It is, Inflation is Much Worse According to the Chapwood Index

 Chapwood Investments announces its take on the consumer price index. Below is a description of the results of Ed Butowsky’s Chapwood Index and his opinions regarding inflation.

“I am announcing the real cost of living increase each American faces on a daily basis. The index proves that the numbers released each month from the BLS are not accurate and don’t reflect the true cost of living increase felt. The Chapwood Index proves the inflation rate is 2x that described by the US government,” states Ed Butowsky.


“The consumer price index (CPI), which Washington uses to calculate COLAs, underestimates the actual, ‘real-life’ inflation rate by a huge amount,” continues Ed Butowsky.

The Chapwood Index (please see below for more information on the index) shows that the actual U.S. inflation rate for the 12 months that ended in May was 15.4%. That’s nearly double the 8.6% inflation rate derived from the CPI for the same period.

As a result, Social Security recipients and federal employees, along with many private sector employees, will receive COLAs that are nearly seven percentage points too low to keep up with the actual inflation rate, causing their standard of living to drop significantly each year.

The discrepancies between true cost-of-living increases and the CPI badly hurt tens of millions of middle-class Americans, including those making $50,000 per year and less.

What is the Chapwood Index? Why Was it Created?

The Chapwood Index was created by Dallas financial advisor and founder of Chapwood Investments Ed Butowsky, who states, “The index is an extremely accurate alternative to the CPI. Beginning in 1983, Washington changed the CPI, causing it to drastically underestimate the true inflation rate. Consequently, the federal government has been able to save hundreds of billions of dollars at the expense of citizens whose benefits do not come close to keeping up with their true-cost-of-living hikes. Somehow, inflation has become politicized.

“The original CPI measured a ‘basket’ of frequently purchased goods and services, and it seemed fairly indicative of inflation’s impact on spending power. But over the past few decades, the government has changed what and how spending is measured by the index.

”Today I’m calling on the federal government to make the CPI much more accurate, in order to enable the living standards of tens of millions of Americans to keep up with actual inflation for the first time in decades. Washington should create a new CPI that uses the methodology of the Chapwood Index.

“In 1983, the government altered how the components of the CPI are measured. For example, cheaper foods have been substituted for more expensive foods, and real estate prices are now tied to rental increases. As an alternative, we put together a list of 500 products and services that virtually everyone buys. This is a much more accurate measure of buying power.

“I and other economic experts believe the mis-measurement of inflation by the CPI is causing many Americans to fall farther and farther behind. An 8% pay increase tied to the CPI doesn’t cover a true 15%-plus jump in prices.”

The 2021-2022 Chapwood Index

The Chapwood Index was paused for two years due to the pandemic. This year’s index measures the increase in prices from mid-2021 through mid-2022 and relies on a survey of consumers in the 50 largest cities in the U.S.

The cities experiencing the highest rates of inflation since mid-2021 were Chicago, 18.83%; Fresno, CA, 18.66%; and San Diego, 18.51%.

The cities with the lowest rates of inflation during that same period were Minneapolis, 11.28%; Detroit, 11.69%; followed by Kansas City, MO and Omaha, which tied at 12.35%.

For more information:

Ed Butowsky


Chapwood Investments, LLC

Ed Butowsky

(972) 865-2225



  • Business
  • Economy
  • Federal Government
  • Finance
  • Government
  • Political Issues
  • Real Estate
  • Retail

Money, Inflation, and Debt

Congress just passed a $1.2 trillion spending package, aimed at mending the US roads and transport infrastructure.
Democrats claim the bill pays for itself through a variety of sources without raising taxes. But the Congressional Budget Office reported that the bill would add $256 billion to the deficit over the next 10 years. If taxes are not raised, where is the money coming from?

The CBO stated that the bill would raise about $50 billion by changing the tax reporting requirements for cryptocurrencies, among other measures. That would be half a billion per year out of a global market cap of $2.9Trillion. Other sources for the infrastructure bill will include unspent stimulus money. That stimulus money was created by adding $14 Trillion to the money supply. In one year.

In a post-pandemic world, businesses are facing the money, inflation, and debt circle, inspiring many to put their reserves into crypto. How will the tax reporting requirement changes affect businesses that interact with cryptocurrency? How will these requirements affect the individual? Will this new debt erode the value of the dollar?

This January, the Government Blockchain Association (GBA), will present The Future of Money, Governance, & the Law, live in Washington DC., and streamed globally. Topics will include:
– Cryptocurrency Adoption and Projection
– Redefining Money
– Money, Inflation & Debt
– Tokenomics & Crypto-Governance
– State and Local Government and Blockchain
– National and International Government and Blockchain
– Blockchain Regulations/Licensing/NFTs
– Legal and Regulatory Issues
– Banking and CBDCs

And much more..
Join the GBA community this January 27-28, live in Washington, D.C., or streamed globally, and learn how to navigate the changes that are coming. Tickets are on sale now.

For more information on the Government Blockchain Association, go to

Topic: Press release summary

Measures taken to curb food inflation and alleviate problems of common man due to COVID-19

The Government is taking effective measures to curb inflation especially food inflation keeping in view of the condition of the people suffering from coronavirus pandemic situation in the country. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today.

Enumerating more steps taken by the Government to alleviate the problems of the common man, the Minister stated that the buffer stock of pulses have been used to tackle price volatility of these commodities. Pulses from the buffer were used very effectively during the COVID-19 pandemic for supplying @ 1 kg per household per month free of cost to approx. 19 crore National Food Security Act (NFSA) beneficiary households between April and November 2020.

The Minister further stated that the Government imposed stock limits on some pulses under the Essential Commodities Act, 1955 in July 2021, which has had a salutary effect in terms of softening of prices.

The Minister stated that the Government eased import restrictions to enhance domestic availability of Tur, Urad and Moong and have also entered into MoUs with Myanmar, Malawi, Mozambique for pulses import. Basic import duty and Agriculture Infrastructure and Development Cess on Masur have been brought down to zero and 10% respectively.

The Minister stated that steps were taken to soften the prices of edible oils and the duty on Crude Palm Oil (CPO) has been cut, bringing down the effective tax rate on CPO to 30.25% from the earlier 35.75%. Further, the duty on Refined palm oil / Palmolein has been reduced to 37.5% from 45%, the Minister added.



(Release ID: 1744511)
Visitor Counter : 408

Read this release in:


Combination of inflation and potential business downturn will slow IT Job Market growth by 50K to 75K jobs says Janco

Park City – UT– –Janco has analyzed the potential impact of the proposed tax plans and estimates that 50,000 to 75,000 IT jobs will be lost if the taxes proposed are passed.

The CEO of Janco Associates, Inc., Mr. M. Victor Janulaitis said, “The proposed increased corporate tax rates, reinstatement of the minimum tax, elimination of expensing investments, elimination of reduced capital gains tax, and higher individual tax rates will slow if not stop investments in IT. This in turn will slow the expansion of the IT job market. This will start as soon as it looks like the taxes may be passed. If inflation rears its head due to increased deficits there could be a double hit.”

Janulaitis added, “A Rice University study, estimates that the US job market will lose over 1 million jobs due to the proposed taxes. We agree with their conclusion and estimate that the IT job market will shrink by between 50,000 to 75,000 jobs in 2022 and 2023. At the same time, there is a potential for a downturn or recession as companies adapt to the new higher taxes. However, in the next two quarters the IT job market will continue to grow. Growth will be driven by the re-opening of businesses. Once re-opening is completed, other long term factors will take hold. In our opinion that will be in the first quarter of 2022.”

The CEO followed up with, “We continue to forecast that close to 100K new IT jobs will be added by the end of the 4th quarter of this year. CIOs now are no longer in survival mode. Now they are looking ahead to the post-pandemic operating environment. “

He added, “To support CIOs in managing this process, we have just released our Post Pandemic CIO Management Tool Kit. It contains everything that they need to have a set of functioning infrastructure policies, job descriptions, skill set definitions, compensation data, hiring tools, and post pandemic processes including WFH and cloud processing.”

Read On

Janco is an international consulting firm that follows issues that concern CIOs and CFOs. The firm publishes a series of IT and business Infrastructure HandiGuides® and Templates including IT Infrastructure Policies and Procedures, Disaster Recovery/Business Continuity Template, Security Template, IT Job Descriptions, and its semi-annual IT Salary Survey.