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A comment on US Series I Savings Bonds Now Yielding 7.12%. Parent comment

Re:US Series I Savings Bonds Now Yielding 7.12% by mc32 on Monday November 01, 2021 @12:03PM (#29068581)
The government basket used to calculate inflation isn’t the same basket of goods pensioners buy from.

If inflation were “good” then the US along with many countries the word over would cause it to happen —it’s easy to do.

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Re:US Series I Savings Bonds Now Yielding 7.12% by dragonwriter on Monday November 01, 2021 @12:09PM (#29068678)
> if inflation were “good” then the US along with many countries the word over would cause it to happen

Literally every single one of them that controls its own monetary policy (including the US) actively and deliberately does, so there's that.

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Re:US Series I Savings Bonds Now Yielding 7.12% by mc32 on Monday November 01, 2021 @12:19PM (#29068855)
My implication was extraordinary inflation isn’t good. The fed, since Bush/Clinton/Greenspan targeted 2-3.5% as desirable “good”.

What I mean is if what we have now (which is about double the norm) were good, we would have done it a long time ago and so would have others.

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