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-21

Inflation is higher than they would like you to believe. (monero.town)

submitted 5 months ago by shortwavesurfer@monero.town to c/personalfinance@lemmy.ml

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The US government is telling everybody that inflation is 3.4% per year. That is not correct. Try 14.2% and that's about right. Source : gold/usd 1 year simple moving average.

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[–] Hildegarde@lemmy.world 9 points 5 months ago (1 children)

Did the USD deflate significantly between 2012 and 2016? Your gold based metric says yes.