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by jones6ofMont 1193 days ago
Basic stuff like eggs, noodles, rents align quite consistently with shadowstat. Even iPhone top model prices after 2010s seems to follow shadowstat numbers. The problem is China production. We enjoyed years of "deflations" pressure from "Made in China" and USD being hugely popular. Going forward with immense dedollarisation pressure (petrorubbleyuan) and rising cost of Made in China and lower quality from Made in India (India is currenrly in early stage of manufacturing curve so quality is not there yet) would increase our inflation. Even if it is not going Turkeye style, a persistent high inflation of 6-9% EVERY YEAR without strong USD demand will make shadowstat numbers more and more realistic than government's.