Daily Reckoning on Nostr: The Real Inflation Number ========== Inflation is reported at 3.5%, but ShadowStats ...
The Real Inflation Number
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Inflation is reported at 3.5%, but ShadowStats suggests it could be as high as 12% using 1980 methodology; rising costs in housing, car insurance, and groceries contrast with falling prices in consumer electronics; crude oil prices around $70 per barrel; Federal Reserve cut rates in September 2024, yet long-term rates rose; global central banks buying gold amid geopolitical tensions and de-dollarization concerns, with gold trading at approximately $2,700 per ounce.
#Inflation #Economy #FederalReserve #Gold #Shadowstats #Geopolitics #Dedollarization #ConsumerPrices #OilPrices #InterestRates
https://dailyreckoning.com/the-real-inflation-number/
==========
Inflation is reported at 3.5%, but ShadowStats suggests it could be as high as 12% using 1980 methodology; rising costs in housing, car insurance, and groceries contrast with falling prices in consumer electronics; crude oil prices around $70 per barrel; Federal Reserve cut rates in September 2024, yet long-term rates rose; global central banks buying gold amid geopolitical tensions and de-dollarization concerns, with gold trading at approximately $2,700 per ounce.
#Inflation #Economy #FederalReserve #Gold #Shadowstats #Geopolitics #Dedollarization #ConsumerPrices #OilPrices #InterestRates
https://dailyreckoning.com/the-real-inflation-number/