Summers: Inflation Reached 18% In 2022 Using The Government’s Previous Formula
https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula/?sh=7dc155b20929
Real interest rates are now coming out and one of the lefts grandest leaders is leading the way to telling the truth in this 40 page expose of what is really going on inflation wise.
Here's Summers:
good stuff, rodguy911
excerpt:
“Consumers are including the cost of money in their perspective on their economic well-being, while economists are not,” the authors conclude.
Summers: Inflation Reached 18% In 2022 Using The Government’s Previous Formula
`~~~~~~~~~
I just read that they’re potentially setting the Medicare increase for 2025 at under 3%