Whoa, I just caught that. Twelve percent inflation rate? I know they're getting that as the median, but who in the world did they interview where the median inflation rate is 12%? What was the maximum inflation rate projected? That seems really high to me.
Stagflation! ugh. Rough times ahead, no doubt. Most likely the Fed's inflating the economy right now, too.
ReplyDeleteWhoa, I just caught that. Twelve percent inflation rate? I know they're getting that as the median, but who in the world did they interview where the median inflation rate is 12%? What was the maximum inflation rate projected? That seems really high to me.
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