Re:U.S. Money Supply Hasn't Done This Since the Great Depres...
by oarla on Wednesday January 10, 2024 @03:43AM
(#38937829)
Because my grocery bills, utility bills and monthly expenses for normal living are up ~10% from 2020. I live in a MCOL city.
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Re:U.S. Money Supply Hasn't Done This Since the Great Depres...
by abart13 on Wednesday January 10, 2024 @04:36AM
(#38938220)
Isn’t that an annualised rate of ~3% per year since 2020 then?
Re:U.S. Money Supply Hasn't Done This Since the Great Depres...
by ffgjgf1 on Thursday January 11, 2024 @03:52AM
(#38949550)
> 2020
Right.. yet it’s 2024 as far as I’m aware and inflation is tracked on a rolling 12 month basis.
If it was only 10% during those 3 years, it’s approximately 3.2% per year which is close enough (of course the official inflation was actually much higher than your’e implying..)