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89 sats \ 0 replies \ @IanMalcolmPhd 12 Jul 2023
BS. look at the 2nd chart here:
The real number could be anywhere from 5 to 10 % higher, on average.
http://www.shadowstats.com/alternate_data/inflation-charts
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61 sats \ 0 replies \ @ssaurel 12 Jul 2023
By changing the calculation method and manipulating the figures, the Fed's 2% target will be reached...
But don't pay too much attention and beware.
Remember this quote from Winston Churchill: "I only believe in statistics that I doctored myself".
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33 sats \ 0 replies \ @kr OP 12 Jul 2023
the real trick with these numbers isn’t that they incorrectly weigh the basket (even though they do), it’s that they ignore everything that happened more than 12 months ago.
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33 sats \ 0 replies \ @TheBTCManual 12 Jul 2023
Oooh JP showing inflation who is boss, positive nominal rates, LFG!!!!! 😂😂
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0 sats \ 0 replies \ @Zepasta 12 Jul 2023
Always double / triple % of what they tell you
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0 sats \ 0 replies \ @kepford 12 Jul 2023
I can't express my lack of confidence in these numbers.
Does anyone know if they even consider shrinkflation at all?
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0 sats \ 0 replies \ @KoreaComK 12 Jul 2023
The official inflation of the Brazilian government is very low, close to the US government. The only point is that we have a basic interest rate of almost 14% p.a. If the Fed raises rates, we'll easily have double-digit inflation around here.
Living in the third world is very complicated.
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