Bernanke is worried about inflation. He is just looking at wages. But cost of goods went up. Poor FED policy, causes oil to go up. Bernanke is not living in a real world. Inflation has hit USA and it will hit hard. Cost of food will go up further.
The link below describes what index is used for TIPS and how it differs from the one used for Social Security.
In my opinion it is hardly indicative of the cost inflation in our house. However it does appear to be quantifiably defined.
Whether or not we agree with the results calculated by the index is a factor to be considered when buying or selling TIPS but probably NOT an argument for fraud since it is well defined and publicly available.
Ummmmmm,"uwer",I hope your not aiding- and- abetting ambulance chasers w/ your desire...Class action and lawsuits might be considered an oximoron ..Many legal "suits" "walking the streets",looking for clients.
Presumably,if you bought TIPs,you were aware of possible juggling of inflation measures.People who move in next to a pig farm, and then complain about the smell,have a common sense proplem...not an olfactory one.