3 ms·

More like rusty tin than Gold when inflation is running at 10% YoY

• ofcourseyoudo 4y ago
  Source? As of March 2023 US inflation was 4.99% the lowest its been in almost two years (since May 2021). https://ycharts.com/indicators/us_inflation_rate https://ycharts.com/indicators/us_inflation_rate
  • piepiethesailor 4y ago
    I think 10% refers to the United Kingdom rate of inflation.
  • lockhouse 4y ago
    From your link: “US Inflation Rate is at 4.98%, compared to 6.04% last month and 8.54% last year. This is higher than the long term average of 3.28%.” Inflation was 8.5% last year, but even that is misleading because it is based on a cherry picked basket of goods that does not include things like fuel or housing costs.