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8.6% CPI is Neither Inflation, Nor the US Economy [Eurodollar University, Ep. 246]
US consumer prices rose 8.6% year-over-year for the month of May 2022, says the US Bureau of Labor Statistics. Economists, financial media and central banks implicitly conflate this price expansion with money expansion (inflation) and economic expansion (booming) - that's a mistake.
----EP. 246 REFERENCES----
CPIs Aren't the Economy, and They're Not Inflation: https://bit.ly/3MMn8NX
United States Inflation Rate: https://bit.ly/3MNJ3nY
No Pandemic. Not Rate Hikes. Doesn’t Matter Interest Rates. Just Globally Synchronized: https://bit.ly/3HqSqZK
“Inflation” Not Inflation, Through The Eyes of…
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