Why would people guess? Isn't it published?
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It's an interesting experiment to gauge public perception versus reality. People are really out to lunch on this.
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Isn't it like...1.5%? If that?
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Yep. Lower than projected!
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isn't it like not only low, but "too low" by the metrics that economists have used for the last 40 years?
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Those are crazy numbers. I’d say 2.9%
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It's not shocking to me that people think it's that high but as somebody who works in the world of fixed income for a living it's just another head-shaking instance of general financial ignorance that's too widespread to fix.
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The GOP has pretended inflation is some huge problem since the early 80s which is basically the only time it was ever actually a problem in the past 40 years.
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That's more of an asset bubble.
End of conversation
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