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It feels like horse shit because the real number is like 50%. If/when they cut rates, price inflation will likely be about 15-20% per year.
by wakawaka28 3y ago
It feels like horse shit because the real number is like 50%. If/when they cut rates, price inflation will likely be about 15-20% per year.
- bryanlarsen 3y agoJust did a grocery run. The only thing up anywhere close to 50% was Coke, and even that's only up 40%. Bread was up 10%, and that's typical IME.
- wakawaka28 3y agoI think you either have a great grocery store near you or you didn't notice. Flour, sugar, eggs, meat, snacks, just about everything has gone up by 50% or more. Food in most restaurants has gone up too. Go look at https://shadowstats.com https://shadowstats.com if you want to see how the government cooks their inflation numbers.