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Tom, CPI is a joke. It’s an ever changing basket of goods. The real rate of inflation is the rate at which our government and the Federal Reserve debase our currency, which for the last 13 years has averaged 15%.
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You’re actually the one gas lightning the public with this post. Can you point out anywhere on this chart where either party didn’t debase our currency?
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Unfortunately we are in the Wile E. Coyote phase of the incoming recession...the market hasn't looked down to discover their is nothing but free falling air below.
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