Bingo, we have a winner! They’ve been fiddling with the inflation number for the last few years to keep a positive GDP number and that’s in addition to the revisions on how the GDP is calculated to double count some economic activity and to include phantom economic activity.
Thanks! When do I get my certificate?
I have been watching earning drop as raises are below the real inflation rate.
I won’t complain - being employed right now is pretty good!
But our currency is being debased and it will have an impact on us internationally.