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Title: On Inflation: Friday's 7% Increase In Consumer Prices Is 11% When House Prices Are Added
Source: [None]
URL Source: https://www.zerohedge.com/economics ... 11-when-house-prices-are-added
Published: Dec 12, 2021
Author: Tyler Durden
Post Date: 2021-12-12 13:04:00 by Horse
Keywords: None
Views: 38

Consumer prices rose 0.8% in November, pushing the increase in the last 12-months to nearly 7%. That represents the most significant increase since 1982. But in reality, the current inflation rate is much higher than what is reported and above that of 1982.

Poster Comment:

The inflation rate is actually 15% if you use the statistical methods used back in 1980 when Reagan became President.

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