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Re:Consumer prices increase 2.6 percent by sbelskie on Tuesday May 11, 2021 @06:18PM (#27124304)
If those numbers were right coffee would be $25 a cup. I can understand thinking CPI understates things, but the math for average inflation of 6-10% for decades just doesn’t add up.
Re:Consumer prices increase 2.6 percent by gruez on Tuesday May 11, 2021 @06:20PM (#27124329)
Not to mention that 6-10% inflation combined with 2-3% GDP growth would mean the economy is contracting by 3-5%.