You know that CPI includes food and fuel.
Sorry, sloppy posting, I meant the core inflation index not the CPI.
In that case the real rate of inflation must be 18-20% instead of just 10%. //John Williams idiocy off
These guys crack me up thinking they know the real rate of inflation is in the double digits yet the entire bond market is oblivious.
Oh, and by the way, BUY GOLD!