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by randomdata
927 days ago
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> We have rampant inflation Do we? I could have sold wheat for $15 per bushel two years ago. Now I'm lucky if I can get $7. It looks more and more like a disinflationary/deflationary environment to me. CPI continues to show inflation, but the CPI basket measures that which at the end of the supply chain (it is a consumer index, after all), which means that it always lags significantly behind what's going on in the rest of the world. |
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