Quote Originally Posted by bacpacker View Post
Well that is a more realistic view of inflation than what we eve see. 0.7% per month is 8.4% yearly. That is closer to what we are having. Then they show the difference without energy, food, etc.
Another thing in that article is showing a 12% unemployment figure. If ours was calculated as it should be, I would guess ours is between 12-15%.
When they report 0.7% they are annualizing that rate, that is the rate for the year, of course its a crock of shit with all the games they play with the numbers