[Alberta's Child]

They’ve already been printing the money . . . that’s why the value of the dollar has declined so much in the last few years. Someone posted an interesting analysis on a thread last week indicating that the real inflation rate in the U.S. for the last twelve months was something on the order of 18% — not the 2% to 3% reported by the Federal government.

[RightWhale]

Got to talk about core inflation. It’s like not mentioning ID on a C thread. Core inflation is stuff you don’t need on a daily basis. Food and fuel are not core.

[Hydroshock]

I do the shoppign for my family, and I can tell by the prices we pay for staples on the table that the current fed inflation numbers are a work of fiction worthy of Stephen King.

[steve86]

Well, it obviously depends on how you weight and adjust things. But my own personal inflation gauge would be around 8 or 9%.

P.S. Why does the spelling checker flag "gauge"?

[jrsmc]

Someone posted an interesting analysis on a thread last week indicating that the real inflation rate in the U.S. for the last twelve months was something on the order of 18% — not the 2% to 3% reported by the Federal government.

According to Real Data M3 is at 18% and GDP is falling 2% for a total of 20% monetary inflation, which in my book is hyperinflation.

The only reason that the dollar has not totally collapsed is that other central banks are also hyperinflating.

[rb22982]

Real inflation if gas is 80% of your budget.

Increased M3 rates in other countries have been as high or even more frequently higher than the US so that is bunk.