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They gave three individual datapoints, which is a classic feature of all these "we're seeing record inflation" articles. Does anyone have any broad measures? Ev
by owenversteeg 5y ago
They gave three individual datapoints, which is a classic feature of all these "we're seeing record inflation" articles. Does anyone have any broad measures? Everyone always rallies against CPI in these threads but never provides an alternative, which is unfortunate - I imagine there must be some that support this narrative of record inflation.
- omalleyt 5y agohttps://fred.stlouisfed.org/series/PPIACO https://fred.stlouisfed.org/series/PPIACO Commodity index up 12% year-on-year
- owenversteeg 5y agoThe commodity index is only up 12% in the exact last 12mo because it fell sharply before that, and is up 3.99% total in the 6.76 years since July 2014. Do you really believe inflation since then has been a half a percent annually?