Qasim Rashid
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Inflation is down to 2.97% but prices are still higher than they should be.

As we've screamed all along—the leading driver of high prices was not inflation, but corporate price gouging. And corporations fund politicians to prevent accountability. That is the problem we face.
05:11 PM - Jul 28, 2023
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Schrodinger's Democracy
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Another gee wiz fact - Inflation includes "imputed rent", not actual rent, based on home ownership.

The Fed imputes a cost - factored into inflation - that I *might* pay as rent if I didn't own my home (I do).

As silly as imputing costs for cars, even if I own my car (note: I own my car).
In response to Qasim Rashid.
08:18 PM - Jul 28, 2023
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