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2024-07-07 07:21:23
Cumulative inflation since January 2021, 3.5 years ago, is about 20%, not 200% as claimed. [Link]
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2024-07-07 18:43:55
Because inflation rate is averaged across a "basket of goods", it can be slightly misleading regarding specific areas with price surges. Also a price "doubling" is 100% inflation, not 200%. [Link] [Link] Please reference the McDonald's chart in the 2nd link to see 200% inflation.
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