47 ms·
> We have rampant inflation Do we? I could have sold wheat for $15 per bushel two years ago. Now I'm lucky if I can get $7. It looks more and more like a disin
by randomdata 3y ago
> We have rampant inflation
Do we? I could have sold wheat for $15 per bushel two years ago. Now I'm lucky if I can get $7. It looks more and more like a disinflationary/deflationary environment to me.
CPI continues to show inflation, but the CPI basket measures that which at the end of the supply chain (it is a consumer index, after all), which means that it always lags significantly behind what's going on in the rest of the world.