Quote:
Originally Posted by dewilson58
3.3% is the last 12 months.
Your 18% is the last ~3 years.
In MANY cases, it's 30%, 40%, 50%, etc.
Very Painful.
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True.
It never ceases to amaze me how many people are math-challenged.
They apparently don’t realize that the current 3% inflation rate is on top of the already 20% (or more) hike in prices. In order for prices of goods to actually decrease would require a negative inflation rate.