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re: CPI comes in hot at 3.4%
Posted on 5/15/24 at 9:07 am to Marye
Posted on 5/15/24 at 9:07 am to Marye
quote:
"For instance, though Biden and many economists have long resorted to the Consumer Price Index (CPI) as the most reliable indicator of inflation, there is ample reason to believe CPI is not a truly representative marker of inflationary forces."
Its only truly a marker when it is positive for the incumbent, any other time it means absolutely nothing.
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