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Comment by shirkey

Government stated inflation based on chained CPI and other new measures to reduce inflation may be at around 2%, but previous formulas used in the past to calculate inflation would show a much higher rate (6-10%)[1]. For those actually buying or consuming anything, that official number is a farce.

[1] http://www.shadowstats.com/alternate_data/inflation-charts

parent shirkey 12 years ago

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