inflation figures are a load of crock , we all know the cost of living goes up way more than the inflation figures tell us.
Economists will tell you that the CPI number is but a general guide.
Inflation on different things impact on different socio-economic and age groups rather differently - best eg. A young family setting up will feel the wealth destructive impact of house inflation while a retired couple with their own house will feel the wealth enhancing effect.
So policy makers can do no more than use the universally acceptable CPI (Consumer Price Index) number to formulate policies.
If you look at the cryptofanboys who used to (and maybe still do - haven't checked for a long time) populate our very own cryptothreads bullying everybody who was warning to "invest" into this scam, I have to admit - I am not surprised.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
us markets in danger of having a false breakout above 2800 , closed right on support on friday. futures were up this morning on trump news but now negative , i guess on falling yields everywhere. australia bonds just hit record lows today
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