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by hvb2 316 days ago
0.6% of monthly inflation wouldn't be 7.2% you can't multiply like that.

So the real number would be 1.006^12=7.44%

And over 7% inflation is a bit more than 'pretty high' that's getting really scary if there's no clear outside reason for it

2 comments

Which of course there is a clear outside reason for it.
Of course...dang it!