It’s Not Only Headline Inflation Data

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🇺🇸 🇺🇸 It’s Not Only About Headline Inflation Data: If both personal interest payments (from auto loans, credit cards, and other consumer credit) and the higher cost of homeownership were accounted for in the CPI, the year-over-year inflation rate last November would have been 9%, three times the reported 3% increase in the cost of living

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