Re:The Fed has made a historic mistake on inflation
by tootie on Monday June 13, 2022 @03:36PM
(#31730600)
No. There is no "real" number. 8% is the indicator we use. When it hits 8% we know it's higher than when it's at 3%. You can't ever take that number and extrapolate what things are actually going to cost you day to day. Some things are way more than 8%. Some prices are going down.
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