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Message Subject
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Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
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Poster Handle
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Anonymous Coward |
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Can anyone explain to me in laymen's terms how inflation rate is calculated?
They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive.
Quoting: Dr. Feelgood Look up "Hedonics", It is trickery and a way for them to cheat the numbers. The Inflation rate like all economic data has become political and anything political becomes BS!
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