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Title: 13% annual inflation: Shadow Stats
Source:
[None]
URL Source: http://www.shadowstats.com/
Published: Oct 11, 2021
Author: Horse
Post Date: 2021-10-11 01:06:56 by Horse
Keywords: None
Views: 111
Comments: 1
Year-to-Year August 2021 ShadowStats Alternate CPI Annual Inflation (1980 Base) declined to 13.2% from 13.4% in June and July, which then also matched the prior 13.4% peak in July 2008, otherwise against a 13.4% peak in June 1980. That earlier reading predates the ShadowStats series, when the headline CPI still was reported on a reasonably consistent basis. The current monthly annual rates are up from 13.0% in May 2021, 12.1% in April, 10.4% in March 2021, 9.4% in February 2021 and against 9.1% in January 2021. The ShadowStats Alternate CPI-U estimate restates current headline inflation so as to reverse the government’s inflation-reducing gimmicks of the last four decades, which were designed specifically to reduce/ understate annual Cost of Living Adjustments. Related graphs and methodology are available to all on the updated ALTERNATE DATA tab above. Subscriber-only data downloads and an Inflation Calculator also are available there.
Poster Comment:
This is on their front page but you have to scroll way down. This is halfway to hyperinflation.
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